Axis-REIT to acquire logistic warehouse facility in Johor for RM32m

PETALING JAYA: Axis Real Estate Investment Trust’s (Axis-REIT) trustee RHB Trustees Bhd has entered into a sale and purchase agreement to acquire a logistics warehouse facility in Johor from Venice Tulip Sdn Bhd (VTSB) for RM32 million cash. According to the valuation report by Savills (Malaysia) Sdn Bhd dated Oct 14, 2021, the market value … Read more