MALAYSIAN property investor United Overseas has sold three boutique office towers in its flagship development Bangsar South for $AU43.6 million.
The purchaser is the Arab Investment Group Al Batha who intend to utilise one Tower for their Malaysian Headquarters and retain the other two for investment.
Bangsar South is in a mixed development of three main components set on 60 acres of prime development land. Bangsar South is situated statically between
The development which will take up to seven years to complete will have a gross developmental value of $AU1.16 billion.
Australian Property Journal
