KLCCP Stapled Group Secures Extension Of Office Leases For PETRONAS Twin Towers And Menara 3 PETRONAS Till 2042

KUALA LUMPUR, Nov 20 (Bernama) — KLCCP Stapled Group has secured the extension of the existing triple net lease agreements with lessee, Petroliam Nasional Berhad (PETRONAS) for its office leases at the PETRONAS Twin Towers and Menara 3 PETRONAS.  On 18 November 2020, PETRONAS exercised its options to extend the leases for PETRONAS Twin Towers and Menara 3 PETRONAS for a further term of 15 years from 1 October 2027 to 30 September 2042 and 15 December 2026 to 14 December 2041 respectively.  The rental amount will be determined prior to the commencement of the extended leases. 

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