Axis-REIT sells former steel site in Johor to unnamed data center operator
Apr 23, 2024 | Posted by Abdul-Rahman Oladimeji | Malaysia
Malaysian firm Axis Real Estate Investment Trust (Axis-REIT) announced this week that it has sold a former steel complex in Johor to a data center operator in a deal valued at RM162 million ($33.9m) and is set to close in the second half of the year.The buyer wasn’t named, but the terms of the...