Sitt Tatt buys office space for RM70m

Posted on | January 22, 2009

By BUSINESS TIMES

SITT Tatt Bhd is buying 17 parcels of office space within Wisma Chase Perdana, Kuala Lumpur, measuring 15,064.2 sq m from Chase Perdana Sdn Bhd for RM70 million cash.

It will now own nine floors of the 12-storey office building together with 380 car park bays. The deal will boost its rental income stream.

The building also provides room for potential capital value appreciation in the future.

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