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Cyberjaya News & Articles : Axis REIT eyes acquisitions worth RM190m

Posted by admin on 2010/7/20 0:30:00 (102 reads) News by the same author

Published: 2010/07/20

Axis REIT Managers Bhd (ARMB), the manager of the world's first office/industrial Islamic real estate investment trust (REIT), is looking to acquire two new logistics houses and a retail warehouse in Johor, as well as an office building in Cyberjaya.

Its chief executive officer, Stewart LaBrooy, said the potential acquisitions would cost RM190 million.

----- Source: Business Times

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