PETALING JAYA: AME Real Estate Investment Trust
(AME-REIT) is acquiring three industrial properties in Johor, totalling 385,304 sq ft, from AME Elite Consortium Bhd for RM100.8mil.
In a filing with Bursa Malaysia yesterday, AME-REIT said the properties are strategically located within one of the main development corridors of Iskandar Malaysia, a key regional growth centre in South Peninsular Malaysia, adjacent to Singapore.
