PETALING JAYA: Axis Real Estate Investment Trust (Axis REIT) is acquiring a 20.75-acre plot of land in Shah Alam for RM120mil.
In a statement yesterday, the company said its trustee, RHB Trustees Bhd, had entered into a sale and purchase agreement with FIW Steel Sdn Bhd to acquire the freehold property within the Bukit Raja Selatan industrial area of Shah Alam.
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