PETALING JAYA: Hektar Real Estate Investment Trust
(Hektar-REIT) is acquiring a property with factory buildings for industrial, warehousing and office use in Bayan Lepas Industrial Park, Penang, from Microlead Precision Technology Sdn Bhd for RM30mil in cash.
In a filing with Bursa Malaysia, Hektar-REIT said the acquisition was in line with the company’s investment objective to deliver long-term and sustainable distribution of income to unit holders by acquiring quality real estate with stable recurring income.
