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Tuesday, 24 June 2014

Tun Razak Exchange names Lend Lease as major partner


ASX Announcements

Tun Razak Exchange names Lend Lease as major partner

The Tun Razak Exchange (TRX), Kuala Lumpur’s highly anticipated financial district, has chosen international property and infrastructure group Lend Lease as a major joint venture partner for part of its development.
1MDB Real Estate Sdn Bhd (1MDB RE) and Lend Lease have today signed a binding agreement to work exclusively together to finalise the joint venture documentation and to commence work on the TRX Lifestyle Quarter.
It is intended that Australian headquartered Lend Lease together with 1MDB RE will develop the Lifestyle Quarter in TRX, a retail-led mixed-use development of over 17 acres comprising a hotel, three residential towers and a stunning new retail mall seamlessly connected ...



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