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Old November 18th, 2014, 12:15 PM   #801
steve_skyline
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Nice tower!
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Old November 18th, 2014, 03:14 PM   #802
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I think its the best redevelopment project in KL Its just amazing what they did to it.
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Old November 19th, 2014, 08:47 PM   #803
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Unfortunately the mall is still dead.....too 'high class'
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Old November 20th, 2014, 01:00 AM   #804
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True!I even hesitated red lobster.I dont care for the reviews,But i still love going there for one reason only Jaya Grocer thanks for the easy parking.
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Old November 20th, 2014, 01:00 AM   #805
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If it's not because of this forum, i wouldn't know it's a mall in the first place anyway
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Old December 2nd, 2014, 06:18 PM   #806
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Old December 2nd, 2014, 06:19 PM   #807
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Old December 3rd, 2014, 04:43 AM   #808
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Old February 13th, 2015, 02:20 PM   #809
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Quote:
Sports Direct establishes 13,000 sq ft outlet at Intermark Mall

12 Feb 2014


KUALA LUMPUR (Feb 12): UK-originated sports retailer Sports Direct Plc has set up its 11th Malaysia outlet at Intermark Mall, Kuala Lumpur, via a joint-venture with MST Sports Sdn Bhd.


The opening of the store today, was jointly witnessed by Sports Direct’s Malaysia managing director Paul Gibbons, group chief executive officer Dave Forsey, British High Commissioner to Malaysia Her Excellency Vicki Treadell, and Olympic Council of Malaysia’s President Tunku Imran Tuanku Ja’afar.


The outlet becomes an anchor tenant for Intermark Mall, measuring 13,000 sq ft of floor space that houses various international sports and sports lifestyle brands.


Moving forward, Sports Direct is mulling to open another nine outlets in Malaysia within 2015.


Asked if such an investment decision justifiable in the midst of slower consumer spending sentiment in Malaysia, Gibbons conceded that these openings in the pipeline are planned based on a medium to long-term basis.


“The main reason we brought in Sports Direct to Malaysia was because of its proven business model as a multi-brand, multi-sport concept, offering consumers unparalleled value and variety,” Gibbons told pressmen, after the launch of the Intermark Mall outlet.
http://www.theedgemarkets.com/my/art...intermark-mall
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Old February 14th, 2015, 05:43 AM   #810
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My office is situated at Level 27, Integra Tower. The interior is much better than Tower 1 Petronas. Honestly.
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Old February 14th, 2015, 02:08 PM   #811
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Quote:
Originally Posted by ashkaremel View Post
If it's not because of this forum, i wouldn't know it's a mall in the first place anyway
its a mall????????????????? OKKK
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Old April 2nd, 2015, 02:21 PM   #812
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Retirement fund KWAP buys first local property for RM1bil
Thursday, 2 April 2015


PETALING JAYA: The Retirement Fund Inc (KWAP) has closed its first local real estate deal by acquiring Integra Tower, which is part of The Intermark development, for RM1.065bil.

In a statement yesterday, the fund said that the 39-storey, grade-A office building, with a net lettable area of 760,715 sq ft and 850 parking bays, had a yield of 6%.

The Integra Tower, which was completed in 2012, comes with a “green building” status, and is located at the intersection of Jalan Ampang and Jalan Tun Razak in Kuala Lumpur.

The property - which forms part of The Intermark that also comprises Vista Tower, Double Tree by Hilton and Intermark Mall - has the LEED Platinum certification. LEED, or Leadership in Energy and Environmental Design, is a green building certification programme that recognises best-in-class building strategies and practices. Platinum is the highest LEED rating.
http://www.thestar.com.my/Business/B...bil/?style=biz
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Old April 5th, 2015, 04:25 PM   #813
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Quote:
Talks on Intermark sale ongoing
Saturday, 4 April 2015
BY: YVONNE TAN, THEAN LEE CHENG


The Intermark building at Jalan Tun Razak, Kuala Lumpur.

Major refurbishment of original office tower and hotel undertaken after the project was acquired

BLACKROCK Inc which earlier this week sealed a deal with Retirement Fund Inc (KWAP) to sell off its Integra Tower which is part of The Intermark development is talking to several parties for the sale of other parcels within the development.

Particularly, there are interested parties, both foreign and local, for the Vista Tower and the Intermark mall, says a source familiar with the preliminary discussions.

Notably, asset manager BlackRock had been looking to sell these assets as far back as a year ago.

The 228,948 sq ft Intermark development located at the Jalan Tun Razak/Jalan Ampang intersection in Kuala Lumpur is basically a mixed integrated commercial development comprising Integra Tower, Vista Tower, Double Tree by Hilton and Intermark mall.
http://www.thestar.com.my/Business/B...ing/?style=biz
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Old April 10th, 2015, 04:07 AM   #814
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Quote:
DoubleTree hotel in KL sold for RM388mil


Friday, 10 April 2015

By: THEAN LEE CHENG

The Intermark development is made up of the Intermark mall, DoubleTree by Hilton (in the background), and office buildings Integra Tower and Vista Tower. Royal Group is said to have paid RM700,000 per room for the DoubleTree Hotel.

PETALING JAYA: Real estate tycoon Asok Kumar Hiranandani of the Royal Group has bought DoubleTree Hotel, the second parcel of The Intermark to be sold in a week.

The Singapore-based Royal Group Holdings, a property group which leans more towards the hospitality sector, bought the 540-room, four-star hotel for RM388mil, or about RM700,000 per room, a source from Royal Group Holdings said.

A hotel employee said the hotel generally had an occupancy rate of 75%.

According to the Royal Group website, the company was established in 1947 and its main business is in the development and management of real estate. Its portfolio includes a wide range of residential, industrial and commercial properties that include offices, malls and hotels with assets scattered in different parts of the world.

The source said the company was currently “going through the legal documentation of the purchase”.
http://www.thestar.com.my/Business/B...old/?style=biz
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Old November 28th, 2015, 07:08 AM   #815
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bad design i think..
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Old December 3rd, 2015, 06:15 PM   #816
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Looks like view from G-Tower
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Old December 30th, 2015, 05:51 AM   #817
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PAVILION REIT TO PURCHASE THE INTERMARK MALL

Source: The Edge Markets | December 29, 2015

Quote:
Pavilion Real Estate Investment Trust (Pavilion REIT) (fundamental: 2.4; valuation: 0.15) is buying The Intermark Mall, which forms part of The Intermark mixed-use development located at the crossroads of Jalan Ampang and Jalan Tun Razak here, for RM160 million cash, which will be fully funded through debt.

In a filing with Bursa Malaysia today, Pavilion REIT said its manager Pavilion REIT Management Sdn Bhd had signed a sale and purchase agreement with The Intermark Sdn Bhd, an indirect unit of investment fund Blackrock Inc, for the acquisition of the six-storey retail building, together with 367 car par bays.

The deal also entails The Intermark providing Pavilion REIT with a rental guarantee of RM15 million for three years to be held by a trustee, which will be jointly appointed by Pavilion REIT and The Intermark.

With the rental guarantee, Pavilion REIT said the estimated net yield for The Intermark Mall comes to 6.1% per year, and 3% when discounting the rental guarantee.

Occupancy rate at the building with a net lettable area of 225,014 sq ft, stood at 74%, based on committed and/or commenced tenancies as at the valuation date of Sept 30, 2015.
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Old December 30th, 2015, 09:24 AM   #818
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Good news. Intermark Mall desperately needs to be operate by the expert in retail industry.
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Old September 19th, 2017, 04:37 AM   #819
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