AME REIT optimistic about prospects

KUALA LUMPUR: AME Real Estate Investment Trust (AME REIT) is optimistic about its prospects in the upcoming financial year given the robust demand for industrial properties in Malaysia.

“We are buoyant of the upcoming financial year, as AME REIT not only successfully secured new leases on all three tenancies that expired during the financial period ended March 31, 2023 (FY23), but also at higher rates than the former leases.