Axis-REIT acquires hypermarket in Temerloh for RM25.75mil

Axis REIT Managers Bhd chief executive officer/executive director Leong Kit May

PETALING JAYA: Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Bhd has entered into a sale and purchase agreement to acquire a hypermarket for RM25.75mil from Amal Mewah Development Sdn Bhd.

Located in Temerloh, Pahang, the hypermarket, with a gross floor area of 115,967 sq ft, is merely 1.8 kilometres to the south-west of Temerloh town centre and 10.4 kilometres to the south-east of Mentakab.