The single-storey detached warehouse comes with an annexed double-storey office, as well as a 1½-storey detached warehouse and other ancillary buildings, which were built upon a portion of leasehold land.
Following the sale, the Hong Leong Bank Bhd (KL:HLBB) chairman's interest in the industrial-focused REIT is estimated to have fallen to 23.
Axis REIT's net income rose to RM46.
IGB REIT declared a distribution per unit (DPU) of 2.
The improved earnings were mainly driven by the contribution from its seven KIPMalls and its four industrial properties, as well the newly bought D'pulze Shopping Centre and TF Value-Mart.
As at June 30 this year, AME REIT’s portfolio comprises 39 investment properties, including 36 industrial properties with a total agreed lettable area of 2.
UOA REIT expects office space demand to improve gradually, supported by its completed and ongoing asset enhancement initiatives aimed at revitalising older buildings through 2025.
The units were priced at 61 sen apiece with 409.
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The trust, which mainly manages retail and hospitality assets, declared an interim income distribution of 0.
CLMT’s retail properties delivered a positive rental reversion of 10.
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