Malaysian developer seeks additional NZ opportunities

A laneway is planned between the refurbished Bledisloe House and the Symphony Centre. (Image: MRCB/RCP)

Tue, 19 Dec 2023

The developer that pioneered transit-orientated developments in Malaysia is considering opportunities to expand its presence in New Zealand, where it already has one landmark project under way. Malaysian Resources Corporation Berhad (MRCB) led the development of Kuala Lumpur Sentral, a mixed-use development around the busiest transport hub in the Malaysian capital. It recently reached an in-principle agreement with the government, worth hundreds of millions of NZ dollars, to redevelop the station.The deal includes air rights for MRCB to de...

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