Axis REIT to acquire industrial facility in Kapar for RM41 mil
The industrial premise comprises two warehouses and a three-storey annexed office building, all on a 268,581 sq ft freehold land.
The industrial premise comprises two warehouses and a three-storey annexed office building, all on a 268,581 sq ft freehold land.
KUALA LUMPUR (June 28): RHB Research on Tuesday (June 28) said it is more positive on the Malaysian real estate investment trust (REIT) sector as a defensive play due to "guaranteed" rental income despite the current global inflationary environment.
KUALA LUMPUR (June 10): RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.
KUALA LUMPUR (April 21): Axis Real Estate Investment Trust’s (AXREIT) net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) jumped 17.
KUALA LUMPUR (April 12): Axis Real Investment Trust (REIT) is acquiring a logistics warehouse facility in Pelabuhan Tanjung Pelepas (PTP) in Johor for RM390 million cash, its largest acquisition to date.
KUALA LUMPUR (Feb 23): Axis Real Estate Investment Trust (Axis REIT) has proposed to acquire an industrial facility in Kulai, Johor for RM16.
KUALA LUMPUR (Jan 21): Axis Real Estate Investment Trust's (Axis REIT) net property income rose 10.
KUALA LUMPUR (Jan 21): Axis Real Estate Investment Trust (REIT) will be developing a 620,096 sq ft distribution centre at a cost of RM130 million in Shah Alam, Selangor, which will be leased to Shopee's logistics arm, Shopee Express Malaysia Sdn Bhd, for 15 years upon completion.
KUALA LUMPUR (Oct 25): Axis Real Estate Investment Trust (REIT) has acquired a warehouse logistics facility built on leasehold land in Pasir Gudang, Johor for RM32 million.
Axis-REIT has completed four property acquisitions this year and is still on an active hunt for more to expand its portfolio.