BDB signs MoU with 9 anchor retailers for Axis Commercial Hub

KUALA LUMPUR: Bina Darulaman Bhd 's (BDB) wholly-owned subsidiary, BDB Land Sdn Bhd, today signed a Memorandum of Understanding (MoU) with nine anchor retailers for its Axis Commercial Hub development in the township development of Bandar Darulaman, Jitra, Kedah.

In a statement today, BDB said, in the months of its development, the number of retailers could increase to up to 25 with a mixture of lifestyle, food and beverage and education outlets.

It said the Axis Commercial Hub would start construction this month and was targeted for completion by end-2019, with the businesses in the shoplots set to be opened as early as the first quarter of 2020.

“The Axis Neighbourhood Retail Centre within the Axis Commercial Hub development is touted to be Kedah's first education-centric development which offers just over 41,000 square feet of rentable space.

“The centre, which boasts a contemporary design, will be built at a cost of nearly RM5 million and aims to be a food destination featuring Kedah's household food and beverage providers, alongside essential neighborhood retail services such as a laundry, pharmacy and clinic,” it said. - Bernama

Corporate News