Al-Salam REIT's property in Johor Bahru, KOMTAR JBCC. (Photo: Al-Salam REIT)

Al-Salam REIT has formally applied to list 116 million new units on the Bursa Malaysia.

The Johor Bahru-heavy REIT first announced in late-February that it was listing the new units under a private placement to raise funds.

Missing out on information beyond mainstream media reports?
Login or sign-up for a free 25-day trial here.

Full access to all editorial materials
Unlimited access to our webinars and classes

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.