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Corporate News

Axis-REIT acquires industrial facility in Meru for RM41mil

KUALA LUMPUR: Axis Real Estate Investment Trust (Axis-REIT) is acquiring an industrial facility presently built upon a 268,581 sq ft freehold land in Klang from Jemaramas Jaya Sdn Bhd for RM41mil cash.

In a statement, Axis-REIT said its trustee, RHB Trustees Bhd has entered into a sale and purchase agreement for the acquisition.

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Axis-REIT , industrial , acquisition , Leong Kit May

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