KUALA LUMPUR: Boustead Properties Bhd remains optimistic about its commercial and retail portfolio performance this year, as the company expects occupancy of its commercial space to continue its uptrend amid the challenges posed by the pandemic.
Occupancy rates of the company’s commercial assets are currently 90% higher than the average occupancy rates of similar grade buildings within similar locations, it said in a statement.
The company’s latest addition, Nucleus Tower(pic) – an MSC Cybercentre status and GBI Gold Grade A office tower in Mutiara Damansara – is set to increase its occupancy to 95% by the third quarter of 2021. — Bernama
