Malaysia: KWAP buys KL-located CAP Square Tower from German UIRE for $121.1m

Malaysia: KWAP buys KL-located CAP Square Tower from German UIRE for $121.1m

KWAP was established to manage fund contributions from the Federal Government, statutory bodies, local authorities and other agencies

Malaysia’s second largest pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has acquired a 41-storey office building CAP Square Tower in Kuala Lumpur for reportedly $121.1 million, the biggest real estate deal for Malaysia this year.

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