Axis REIT's portfolio to gain from industrial warehouse acquisition


KUALA LUMPUR: Axis Real Estate Investment Trust (REIT) stands to gain from its proposed acquisition of a logistics warehouse facility as it will boost the REIT's portfolio size above that of its peers in the sector.

"Given the sheer size of this asset, it will make it a much bigger, more liquid, and investable industrial/commercial REIT in Malaysia a – significantly ahead of its current peers in the same segment.

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RHB , Axis REIT , logistics , property

   

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