Axis-REIT to acquire shopping mall in Temerloh for RM25.75 mil
The REIT said the acquisition of Temerloh Mall in Taman Damai, from Amal Mewah Development Sdn Bhd, will be funded by its existing bank financing.
The REIT said the acquisition of Temerloh Mall in Taman Damai, from Amal Mewah Development Sdn Bhd, will be funded by its existing bank financing.
Axis-REIT has completed four property acquisitions this year and is still on an active hunt for more to expand its portfolio.
Not every player in the real estate sector is struggling to stay afloat.
KUALA LUMPUR (Oct 22): Axis-REIT’s net property income for the third quarter ended Sept 30, 2020 rose 4.