Axis-REIT targets RM120mil acquisitions

Maybank IB Research said Axis-REIT is also eyeing new asset acquisitions, which are worth RM120mil in total.

PETALING JAYA: Axis Real Estate Investment Trust’s (Axis-REIT) near-term positives include its Bukit Raja Distribution Centre 2 in Klang that is on track for completion by end-August.

Another positive is the commencement of leasing to Shopee Express from Sept 1, said Maybank Investment Bank (IB) Research.