AME-REIT eyes Iskandar M’sia properties

Quick Summary:

AME Real Estate Investment Trust’s (AME-REIT) manager I REIT Managers Sdn Bhd has proposed to acquire four industrial properties in Iskandar Malaysia, Johor, from the subsidiaries of AME Elite for a total cash consideration of RM119.5mil.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: /Business/Business News AMERealEstate IskandarMalaysia IndustrialAcquisition Corporate News AMEElite

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 00:00:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 195 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21765671

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 41 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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