Fortune Times REITs Pinnacle Award 2017 —— Most Value Creation REIT in Asia ：KLCC REIT
KLCC REIT is an Islamic REIT formed to invest directly and indirectly in the Shariah-compliant portfolio of income-producing Real Estate in Malaysia and overseas, used primarily for office and retail purposes as well as Real Estate-Related Assets. KLCC REIT is managed internally by KLCC REIT Management Sdn Bhd (the “Manager”). The Manager is focused on active asset management and acquisition growth strategy to provide regular and stable distributions to unitholders and ensure capital growth and improved returns from its property portfolio.
KLCC REIT is a diversified REIT with office and retail property portfolios in its stable. KLCC REIT comprises three unique prime commercial assets – the iconic PETRONAS Twin Towers, Menara ExxonMobil and Menara 3 PETRONAS. The retail podium of Menara 3 PETRONAS represents the retail segment of KLCC REIT which leverages on Suria KLCC’s reputation as a premier shopping destination in the country.
The Properties are located within the Kuala Lumpur City Centre, popularly known as KLCC, the Central Business District of the bustling Kuala Lumpur City.
The Properties have a combined Net Lettable Area (NLA) of over 4.54 million sq. ft. within the 100-acres KLCC Development which ranks among the largest real-estate developments in the world. KLCC is designed as a place where people can work, live, shop, meet, relax, eat and enjoy leisure and cultural activities in a convenient and pleasant environment.
The integrated commercial development within the KLCC Precinct is a landmark of prime A-Class offices, premier retail, 4 to 5-star hotels, high-end residential, M.I.C.E (meeting, incentives, convention and exhibition facilities), world-class entertainment fronting a lush KLCC Park.