Pavilion REIT To Acquire Banyan Tree, Pavilion Hotel For RM480 Million
Pavilion REIT To Acquire Banyan Tree, Pavilion Hotel For RM480 Million
Pavilion REIT said the acquisitions will be funded via a combination of debt and/or equity, with the group proposing a private
Pavilion Real Estate Investment Trust has announced its proposed acquisitions of two prestigious hospitality assets in Kuala Lumpur, the Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur, in a landmark deal worth RM480 million.
悅榕控股股權房地產投資信託宣佈擬收購位於吉隆坡的兩處知名酒店資產，即悅榕控股吉隆坡酒店和吉隆坡展覽酒店，此交易價值爲48000萬馬幣。
The acquisition of BTKL at a purchase consideration of RM140 million while the acquisition of PHKL is at a purchase consideration of RM340 million.
收購BTKL的購買金額爲14000萬馬幣，而收購PHKL的購買金額爲34000萬馬幣。
Both properties are located in the bustling Bukit Bintang area, at the heart of Kuala Lumpur's Golden Triangle. Dato' Philip Ho, Chief Executive Officer of Pavilion REIT Management Sdn Bhd, which is the manager of Pavilion REIT said, "The acquisitions align with Pavilion REIT's strategy which contributes positively to the overall portfolio and future growth, while also generating stable and sustainable income for unitholders.""Acquiring these iconic hospitality assets reinforces our commitment to delivering premium offerings while capitalising on synergistic opportunities with Pavilion Kuala Lumpur Mall", he added.
這兩處物業位於熱鬧的武吉免登地區，位於吉隆坡黃金三角的核心地帶。悅榕控股股權房地產投資信託管理有限公司的首席執行官Dato' Philip Ho表示：「這些收購符合悅榕控股股權房地產投資信託的策略，有助於整體投資組合和未來增長，同時爲持有單位的投資者帶來穩定和可持續的收入。」他補充道：「收購這些標誌性的酒店資產進一步堅定了我們提供優質服務的承諾，同時利用與吉隆坡商場的協同機會。」
Pavilion REIT said the acquisitions will be funded via a combination of debt and/or equity, with the group proposing a private
placement of new units to raise gross proceeds between RM264 million and RM552 million. Alternatively, it added that it may issue up to RM246.5 million worth of units to settle part of the purchase consideration.
悅榕控股股權房地產投資信託表示，收購將通過債務和/或股本的組合融資，集團擬進行私募
以籌集總收益在26400萬至55200萬馬幣之間的新單位。或者，它補充說，可能會發行價值高達24650萬馬幣的單位以支付部分購買金額。
The transaction is expected to enhance portfolio diversification by reducing Pavilion Kuala Lumpur Mall's contribution to Pavilion REIT's total asset value from 61.4% to 58.0% via exposure to the hospitality sector.
The hotels are operated and managed by Banyan Tree Hotels & Resorts Pte Ltd since their openings in 2018. Banyan Tree Hotels & Resorts Pte Ltd is part of Singapore-listed Banyan Tree Holdings Limited, a global hospitality group renowned for its luxury offerings and award-winning services.
As part of the deal, the hotels will be leased back to the current operator for an initial 10-year term, with the option to renew for up to 20 additional years. The fixed annual rental income will commence at RM33.5 million for the first five years, generating an approximate annual gross yield of 7.0%. T
此交易預計將通過減少吉隆坡商場對悅榕控股股權房地產投資信託總資產價值的貢獻，從61.4%減少至58.0%，從而增強投資組合的多樣化。
這些酒店自2018年開業以來由悅榕控股酒店及度假村有限公司運營和管理。悅榕控股酒店及度假村有限公司是新加坡上市的悅榕控股有限公司的一部分，是一家以奢華產品和獲獎服務而聞名的全球酒店集團。
作爲交易的一部分，這些酒店將以10年的初始租期租回給當前的運營商，並可選擇續租最多20年。前五年的固定年租收入將從3350萬馬幣開始，產生約7.0%的年毛收益率。
譯文內容由第三人軟體翻譯。
