News about industrial

PETALING JAYA (Aug 26): Axis Real Estate Investment Trust (Axis-REIT) has proposed to acquire three adjoining industrial land parcels with warehouse properties in Taman Perindustrian Pulau Indah, Selangor, from Megalift Sdn Bhd for RM61 million cash.

PETALING JAYA (Aug 26): Sime Darby Property Bhd’s push to build a larger recurring-income business is beginning to show in its results, with the developer reporting higher contributions from data centres, retail and logistics assets alongside its core property development business.

This article appeared in the Aug 13, 2026 issue of the monthly print edition.

PETALING JAYA (Aug 20): NCT Group of Companies, RHB Bank Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) have concluded a two-part seminar series on financing facilities and government guarantee schemes available to small and medium enterprises (SMEs).

PETALING JAYA (Aug 20): Mah Sing Group Bhd has agreed to sell approximately 78.

GEORGE TOWN (Aug 18): Penang will implement new guidelines for temporary worker housing within local authority administrative areas effective Sept 1, with such accommodation only permitted in commercial and industrial areas.

PETALING JAYA (Aug 18): YBS International Bhd is buying a Penang industrial property occupied by its wholly-owned subsidiary Oriental Fastech Manufacturing Sdn Bhd (OFM) for RM23.

PETALING JAYA (Aug 18): WTEC Group Bhd plans to acquire a two-storey bungalow factory under construction in Semenyih, Selangor, for RM7.

PETALING JAYA (Aug 14): US medical-technology company Intuitive (listed on Nasdaq: ISRG) expects spending linked to its planned Penang manufacturing operation to approach US$500 million (about RM2.

PETALING JAYA (Aug 14): Government policy, infrastructure investment and digitalisation are increasingly shaping Southeast Asia’s real estate markets, as capital and occupier demand shift towards new economic corridors, industrial platforms and digital infrastructure hubs, according to JLL.