Tower REIT Property Portfolio
Following our interview with Tower REIT, below is a summary of Tower REIT’s property portfolio. The fund was sponsored by the Hong Leong Group and listed on Bursa Malaysia on April 2006 and owns three prime assets which are Menara HLA, HP Towers and Menara ING.
| Name |
Description | NLA (sqf) |
Valuation at 31/13/08 |
Major Tenants |
| Menara HLA | 32-storey office building with 4-level basement car park | 396,820 | 290.0 mil | Hong Leong Assurance Bhd, Aker Kvearner Engineering, V Source Asia Bhd, HLG Capital Bhd |
| HP Towers | 2 blocks of office buildings (9 and 21 storey each) with 3 levels connecting podium and 4 levels of basement car park | 350,056 | 207.0 mil | Hewlett-Packard, Dagang Net, Value Cap Sdn Bhd |
| Menara ING | 20-storey office tower with an annexed 3.5-storey office block and 2 split-level basement car park | 151,395 | 92.9 mil | ING Insurance Berhad |
Leave a Reply
1534 views, 1 so far
today |
December 31st, 2009 at 10:09 am
Hi Larry,
Do you know which website I can the latest Tower Reit financial reports?
Thx
Chan
December 31st, 2009 at 5:22 pm
Hi Chan, Tower REIT does not have a website. Need to download it from Bursa Malaysia website. Happy New Year 2010!