Megalift Sdn Bhd

Malaysian company 1 news story

Malaysian heavy transportation and logistics operator providing lifting and installation, erection, barging and freight-forwarding services, plus open-yard and covered-warehouse storage. It sold its Pulau Indah, Klang warehouse facilities to Axis-REIT in 2026 and leased them back to continue operating from the same site.

26 Aug 2026 · Investment

Axis-REIT buys three Pulau Indah warehouses for RM61mil at a 6.2% yield, leases them straight back

Axis-REIT is buying three Klang warehouse parcels from logistics operator Megalift for RM61 million and leasing them straight back at a gross yield of about 6.2% — a clean, dated c…

Axis Real Estate Investment Trust (Axis-REIT)Megalift Sdn Bhd

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