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.
Lee said AME REIT is capable of acquiring up to RM480 million worth of assets based on its gearing of 8% currently.
AME REIT has an initial portfolio of 34 industrial properties and dormitories that are 100%-tenanted, with multinational corporations making up more than 90% of total net lettable area of leased industrial properties.
"Consumers will still patronise our malls.
Following the acquisitions and leases of the three hospitals, the REIT said its portfolio size will increase to RM1.
The IPO exercise entails an offering of 254.
KUALA LUMPUR (Aug 22): Hong Leong IB (HLIB) Research has downgraded Sentral REIT to “hold” at RM1.
For the first half ended June 30, 2022, Sentral REIT’s net property income declined to RM58.
The REIT, which is in the midst of diversifying its portfolio, recently acquired industrial assets from Choo Meng and Hextar Global Bhd.