Axis REIT's portfolio to gain from industrial warehouse acquisition

KUALA LUMPUR: Axis Real Estate Investment Trust (REIT) stands to gain from its proposed acquisition of a logistics warehouse facility as it will boost the REIT's portfolio size above that of its peers in the sector.

"Given the sheer size of this asset, it will make it a much bigger, more liquid, and investable industrial/commercial REIT in Malaysia a – significantly ahead of its current peers in the same segment.