PETALING JAYA: Axis Real Estate Investment Trust
(Axis-REIT) has proposed to buy a warehouse site in Telok Gong, Port Klang from TS Worldwide Warehousing Sdn Bhd for RM80mil cash.
In a filing with Bursa Malaysia, the trust noted the facility measures 41,248 sq mt or 10.19 acres of leasehold land expiring in April, 2093. The structure has a net lettable area of 259,310 sq ft.
