Axis REIT is acquiring two adjoining assets within the Pulau Indah Industrial Park for MYR158.644 million.
The assets are being acquired from Malconrep Depot (M) Sdn. Bhd and Dayang Mewah Sdn. Bhd, the REIT announced in a statement on 28 August.
Both assets are located along Jalan Perigi Nenas 7/2 KS11 and collectively feature about 432,000 square feet of lettable area.
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