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Citadel Trustee, Chester Group Tie Up To Transform Malaysia's Real Estate Management

Citadel Trustee, Chester Group Tie Up To Transform Malaysia's Real Estate Management

Barnamaa day ago
BUSINESS
KUALA LUMPUR, July 25 (Bernama) -- Citadel Trustee Bhd and Chester Group are set to introduce a pioneering real estate management platform to deliver robust growth, capital preservation, and multi-generational wealth planning, following a strategic partnership that was inked today.
In a joint statement, both parties said that the platform uniquely combines diversified asset deployment with sophisticated risk assessment to meet the evolving needs of discerning clients in Malaysia's dynamic property market.
According to the statement, the new product stands out by integrating equity stakes in undervalued real estate, development projects, select equities, and income-generating assets within an advanced asset protection framework.
'It is designed to deliver stable annual returns of 10 per cent to 12 per cent, with regular quarterly payouts, while safeguarding against legal and financial risks.
'Tailored legacy planning solutions are also available for high-net-worth participants, ensuring a smooth transfer of wealth across generations. We aim to grow our portfolio to RM500 million by 2026,' the statement read.
Both companies said that the platform enters the market at a time of significant transformation within Malaysia's property landscape.
They said that with economic growth gaining momentum in late 2024 and government efforts enhancing infrastructure and connectivity, demand is rising for suburban and transit-oriented developments.
Homebuyers are increasingly drawn to affordability, space, and quality, particularly in emerging townships, boosted by supportive financing and housing incentives, they said.
'In this evolving environment, there is growing interest in solutions that offer a more structured and adaptable approach to real estate.
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