AmanahRaya Kenedix REIT Manager managing director Mohd Iskandar Dzulkarnain.
KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (AR-REIT) has acquired a single-storey detached factory in Teluk Panglima Garang, Selangor from Alpha Express Sdn Bhd for RM39mil.
The manager of AR-REIT, AmanahRaya Kenedix REIT Manager Sdn Bhd (AKRM), said AR-REIT had entered into two agreements under a sale and leaseback arrangement with Alpha Express for 10 years.
