Axis-REIT in RM24mil property sale


Axis-REIT said the proposed disposal of the property was in line with the company’s investment objectives.

PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) is disposing of a single-storey warehouse annexed with a double-storey office in Petaling Jaya, Selangor, to Basic Eight (M) Sdn Bhd for RM24.2mil.

In a filing with Bursa Malaysia, Axis-REIT said the proposed disposal of the property was in line with the company’s investment objectives.

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