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AXIS-REIT ACQUIRES INDUSTRIAL COMPLEX AT BUKIT RAJA FOR RM49 0 MILLION

Axis-REIT buys warehouse facility for RM390mil

PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) has entered into a sale and purchase agreement to acquire a 1.549 million sq ft logistics warehouse facility in the Port of Tanjung Pelepas (PTP), Johor for RM390mil.

Axis-REIT to buy logistics warehouse for RM390mil, its largest acquisition

KUALA LUMPUR: Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Bhd has entered into a sale and purchase agreement to acquire a 1.54 million sq ft logistics warehouse facility in Pelabuhan Tanjung Pelepas (PTP), Johor from Equalbase PTP Sdn Bhd (EPSB) for RM390mil.

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