CapitaLand buys industrial properties

CLMT said the purchase price is slightly below the independent valuation of RM72.5mil by Nawawi Tie Leung Property Consultants.

PETALING JAYA: Capitaland Malaysia Trust (CLMT) is acquiring three freehold industrial properties in Senai Airport City, Johor, from Rainbow Entity Sdn Bhd for RM72mil.

The properties consist of three single-storey detached factories, each with an annexed two-storey office block.