PETALING JAYA: Axis Real Estate Investment Trust (REIT), via its trustee RHB Trustees Bhd, has inked a sub-lease agreement with Malaysia Airports Holdings Bhd (MAHB) for the proposed land lease and construction of a manufacturing plant-cum-office building at the Sultan Abdul Aziz Shah Airport in Subang, Selangor.
Axis REIT is expected to derive rental income from the proposed development upon commencement of the sub-lease.
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