AllianceDBS maintains 'Hold' on Axis REIT, TP of RM1.80


KUALA LUMPUR: AllianceDBS research is positive over Axis REIT's plans to purchase a single-floor warehouse-cum-office building in Johor for RM64mil as it is growing its asset base with a focus on the logistics centre.

According to the research house, this asset was not part of the targeted assets disclosed earlier and therefore not included in its forecast.

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