PETALING JAYA: Axis Real Estate Investment Trust’s (Axis REIT) is in the midst of acquiring seven new properties worth RM288mil, with RM140mil worth of properties in the pipeline so far this year.
Its CEO and executive director Leong Kit May told reporters that the seven properties, located across Peninsula Malaysia as well as one in Kota Kinabalu, were mainly focused on industrial-type assets, in the manufacturing and warehousing sectors.
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