IHG has signed a management agreement with LQ Retail to open Malaysia’s first Kimpton Hotels & Restaurants in Kuala Lumpur come 2023.

The hotel will form part of The Exchange TRX, a 6.8ha mixed development comprising six residential towers, an office building, a retail mall, and a 4ha rooftop park.

LQ Retail is a joint venture between Australia-based property and infrastructure group Lendlease and Malaysia’s Ministry of Finance’s wholly-owned TRX City, the master developer of Malaysia’s upcoming international financial district, Tun Razak Exchange (TRX).

The 471-room Kimpton Kuala Lumpur will feature three F&B outlets including a rooftop bar and restaurant, as well as a deli-grocer café. Other amenities will include an outdoor rooftop swimming pool, a gym, as well as a range of meeting and event spaces.

San Francisco-based Kimpton Hotels & Restaurants currently operates more than 70 hotels and 85 restaurants, bars and lounges across the US, Canada, Europe, Caribbean and Greater China. In January 2015, Kimpton became part of the IHG family of hotel brands.