(From left) Bigliardi, Kidd, Firdaus, Lim, Yu, Yap, Mearia, Choo and Liau at the celebration.
KUALA LUMPUR: Pavilion Bukit Jalil recently grabbed the Gold Award in the retail category at the FIABCI World Prix D'Excellence Awards 2024, Singapore. In celebration, Pavilion Group executive chairman Cindy Lim and members of Pavilion REIT’s board of directors hosted a festive event with multi-cultural performances.
FIABCI International board of director Dr Yu Kee Su graced the event alongside FIABCI USA president Carla Kidd, FIABCI Italia president Luca Bigliardi, FIABCI Malaysia president Datuk Firdaus Musa, Kuala Lumpur Pavilion Sdn Bhd retail chief executive officer Datuk Joyce Yap, Pavilion REIT board of directors Datuk Mearia Hamzah and Datuk Frank Choo.
"The strategic acquisition of Pavilion Bukit Jalil has been a significant addition to our portfolio, reflecting our commitment to investing in high-quality assets that meet the evolving needs of consumers,” Pavilion REIT deputy chief executive officer Patrick Liau Kong Voon said.
He noted that the mall is slated to achieve over 90% occupancy rate by the end of 2024, with Pavilion Bukit Jalil’s tenants expected to perform better as occupancies are now stable, allowing the retail management team to focus on evolving the retail mix and accelerate further growth in retail trade.
Liau attributed Pavilion Bukit Jalil’s size, location, the neighbourhood’s growing catchment and international events hosted at the mall as contributing factors to the mall’s success. He also credited the Qatar Investment Authority for being a long-term partner and investor in Pavilion REIT’s vision.
“We will continue to harness our strengths, leverage our resources, and implement strategic actions, by working alongside our stakeholders to promote Malaysia’s retail industry on the world stage,” Liau said.
Pavilion Bukit Jalil is expected to launch several celebratory campaigns to reward its customers and business partners in the coming weeks.
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