AME REIT aims to expand industrial property portfolio to central, northern region

KUALA LUMPUR: I REIT Managers Sdn Bhd, the management company of AME Real Estate Investment Trust (AME REIT), aims to expand AME REIT’s portfolio beyond Johor into central and northern of Peninsular Malaysia by pursuing yield accretive asset acquisitions from third-party vendors.

This is in addition to AME REIT leveraging on the future property development projects of its sponsor, AME Elite Consortium Bhd (AME Elite), as a ready source for high-quality tenanted industrial properties, workers’ dormitories and warehouses for its acquisition.