PETALING JAYA: Equalbase, a real estate group specialising in sustainable commercial and industrial logistics developments in Asia, has invested RM300 million for its first carbon-neutral logistics facility in Valdor, Seberang Perai, Penang. Spread over some 4.6 hectares, with a total gross floor area exceeding 600,000 square feet, Valdor 1 will achieve energy efficiency levels exceeding those of the...
facility
PETALING JAYA: Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Berhad has entered into a sale and purchase agreement to acquire an industrial premise, presently built upon a 637,331 sq. ft. freehold land, from BSS Development Sdn Bhd (BSS) and Matrix IBS Sdn Bhd (Matrix IBS) for a cash consideration of RM48.0 million. Both BSS and Matrix IBS are wholly owned subsidiaries of...