PETALING JAYA: Axis Real Estate Investment Trust
(Axis-REIT) is acquiring two warehouse facilities from Malconrep Depot (M) Sdn Bhd (MDSB) and Dayang Mewah Sdn Bhd (DMSB) respectively, for a total consideration of RM158.64mil.
In a statement, Axis-REIT said it will subsequently lease both the warehouse facilities to MDSB which will use it for logistics and warehousing purposes.
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