Axis REIT Buys Johor Property For RM65 M (US$15.52M)

Axis Real Estate Investment Trust’s trustee, RHB Trustees Berhad has entered into a sale and purchase agreement to acquire a property from Rancak Beta Sdn Bhd for RM65 million. The property is located within the Port of Tanjung Pelepas’ free trade zone, approximately 18 kilometres from Johor Bahru.