<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 9): Royal Group is acquiring the DoubleTree by Hilton Hotel Kuala Lumpur from asset manager Blackrock for RM388 million.</p></div>

<div class=newsTextDataWrapInner><p>DoubleTree by Hilton Hotel Kuala Lumpur is located within The Intermark commercial development along Jalan Tun Razak here.</p></div>

<div class=newsTextDataWrapInner><p>Announcement of the sale of DoubleTree by Hilton Hotel Kuala Lumpur confirmed a report carried by <em>The Edge Malaysia</em> business and investment weekly (<em>The Edge Malaysia Weekly</em>) in Dec 2013. <em>The Edge Malaysia Weekly</em> had then reported the hotel could be sold for an estimated RM350 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a statement today, real estate entity Royal Group said it had signed the sale and purchase agreement with Blackrock.</p></div>

<div class=newsTextDataWrapInner><p>Royal Group said the acquisition reinforced its regional expansion into the hospitality sector.</p></div>

<div class=newsTextDataWrapInner><p>"DoubleTree by Hilton Kuala Lumpur is a strong and successful name within the industry and a leader in delivering a warm and rewarding hospitable experience.</p></div>

<div class=newsTextDataWrapInner><p>Adding this property to our portfolio of preferred brands not only broadens our hospitality and lifestyle footprint in Malaysia, but also enables us to accelerate the growth of hotels across Asia," Royal Group said.</p></div>

<div class=newsTextDataWrapInner><p>Blackrock acquired DoubleTree by Hilton Hotel Kuala Lumpur in October 2013. This followed Blackrock's acquisition of Australia's Macquarie Global Property Advisors.</p></div>


KUALA LUMPUR (April 9): Royal Group is acquiring the DoubleTree by Hilton Hotel Kuala Lumpur from asset manager Blackrock for RM388 million.

DoubleTree by Hilton Hotel Kuala Lumpur is located within The Intermark commercial development along Jalan Tun Razak here.

Announcement ...

Royal Group acquires Doubletree by Hilton KL for RM388m

(Nov 23): One of Malaysia’s wealthiest states is trying to seize control of the nation’s biggest gas reserves, complicating relations in the ruling coalition and threatening a blow to federal revenues.

Borneo challenge looms as Anwar marks two years as Malaysian PM — Bloomberg

BAKU, Azerbaijan (Nov 23): Countries agreed at the UNs COP29 climate conference to spend US$300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

COP29: How does US$300b stack up?

GEORGE TOWN (Nov 23): Rackson Group has unveiled a landmark RM1.5 billion gross development value (GDV) project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion serviced apartments.

Rackson Group to transform Bayan Lepas skyline with RM1.5b GDV project

KUALA LUMPUR (Nov 23): National Unity Minister Datuk Aaron Ago Dagang reminded Malaysians that racial unity and cultural diversity must continue to be strengthened by all parties and should not be taken for granted.

Don’t take racial unity and diversity for granted, says Aaron

MANILA (Nov 24): The Philippines' security council will verify an alleged assassination threat by Vice President (VP) Sara Duterte against President Ferdinand Marcos Jr, a top official said on Sunday, describing it as a "matter of national security".

Philippine VP's assassination threat against president a national security matter, official says

KOTA TINGGI (Nov 24): Johor’s proposal to implement a four-and-a-half-day work week hinges on the state government’s rationale, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Azalina: Johor’s four-and-a-half-day work week depends on state govt’s rationale

Highlight 

620,000 Malaysian jobs across 10 sectors at high ris...

test most read

MOSCOW (Nov 23): Russian President Vladimir Putin signed a law on Saturday on debt forgiveness for new army recruits signing up to fight in Ukraine, a Russian government website showed.

Putin signs law forgiving debt arrears for new Russian recruits for Ukraine war

KUALA LUMPUR (Nov 23): The government has called on stakeholders, particularly housing developers, to adopt alternative energy sources such as solar power, and prioritise biodiversity, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Govt urges stakeholders, housing developers to embrace RE, enhance sustainability efforts, says Fadillah

KUALA LUMPUR (Nov 23): Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the Madani government's commitment to prioritising the welfare of the people across all states, including those led by the opposition, by steadily increasing their allocations.

PM: Allocations for all states raised continuously

<p>KUALA LUMPUR (Nov 24): Sime Darby Property Bhd (KL:SIMEPROP) took the No 1 spot at this year’s The Edge Malaysia Top Property Developers Awards (TPDA). This is the second time it has done so, the first time being in 2009. It was also the joint winner of the Best in Qualitative Attributes sub-award this year.&nbsp;</p>


Sime Darby Property takes top spot at The Edge Malaysia Top Property Developers Awards 2024

<p>(Nov 23):&nbsp;In the waning days of his administration, US President Joe Biden is pushing to strengthen Ukraine’s position against Russia before the return of Donald Trump to the White House.</p>


Biden rushes to bolster Ukraine before Trump takes control

<p>KUALA LUMPUR (Nov 24): William Dalrymple — scholar, detective, master storyteller and acclaimed historian — weaves together the various narratives and legacies of Ancient India in his latest book, The Golden Road, which trumpets the subcontinent’s impact as a primaeval superpower, the effects of which reverberate until today.&nbsp;</p>


His story

<p>KOTA TINGGI (Nov 24): Johor’s proposal to implement a four-and-a-half-day work week&nbsp;hinges on the state government’s rationale, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.</p>


<p>(Nov 23):&nbsp;One of Malaysia’s wealthiest states is trying to seize control of the nation’s biggest gas reserves, complicating relations in the ruling coalition and threatening a blow to federal revenues.&nbsp;</p>


<p>MANILA (Nov 24): The Philippines' security council will verify an alleged assassination threat by Vice President (VP) Sara Duterte against President Ferdinand Marcos Jr, a top official said on Sunday, describing it as a "matter of national security".</p>


<p>GEORGE TOWN (Nov 23): Rackson Group has unveiled a landmark RM1.5 billion gross development value (GDV) project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion serviced apartments. &nbsp;</p>


<p>KUALA LUMPUR (Nov 23): Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the Madani&nbsp;government's commitment to prioritising the welfare of the people across all states, including those led by the opposition, by steadily increasing their allocations.</p>


<p>KUALA LUMPUR (Nov 23): The government has called on stakeholders, particularly housing developers, to adopt alternative energy sources&nbsp;such as solar power, and prioritise biodiversity, Deputy Prime Minister Datuk Seri Fadillah Yusof said. &nbsp;</p>


<p>MOSCOW (Nov 23): Russian President Vladimir Putin signed a law on Saturday on debt forgiveness for new army recruits signing up to fight in Ukraine, a Russian government website showed.</p>


<p>BAKU, Azerbaijan (Nov 23): Countries agreed at the UNs COP29 climate conference to spend US$300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:</p>


<p>KUALA LUMPUR (Nov 23): National Unity Minister Datuk Aaron Ago Dagang reminded Malaysians that racial unity and cultural diversity must continue to be strengthened by all parties and should not be taken for granted.&nbsp;</p>


<div class="score-right">
<div class="related-news-wrapper">
<div class="related-news-content">
<div class="flash-highlight"><a href="/flash-categories/highlight" target="_blank">Highlight </a></div>

<p><a href="/node/734414" target="_blank">620,000 Malaysian jobs across 10 sectors at high ris...