KUALA LUMPUR: MIDF research is slightly positive on Axis REIT's purchase of a factory, warehouse-cum-office building in Nilai for RM50mil.
It said in a note that the property will add 0.8%/0.7% to its CNI for FY20F/FY21F while the purchase price is lower than the market value of RM51mil as appraised by an independent valuer using the income approach and comparison approach.
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