PETALING JAYA: Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Bhd, has entered into a sale and purchase agreement to acquire an industrial complex from Amsteel Mills Sdn Bhd (AMSB) for a cash consideration of RM49 million. AMSB will lease back the industrial complex from Axis-REIT for six years at a starting rental of RM285,833.33 per month. The industrial complex, located in...