Sale and Leaseback · 4 stories
Sale-and-leaseback deals let a manufacturer or owner-occupier sell its factory, warehouse or land and immediately lease it back, freeing up capital tied in property while staying put on site. In Malaysian industrial property these transactions are one of the few moments a real, arm’s-length yield on an occupied factory becomes public.
KIP REIT plans mall upgrades, values six factories at RM162m
KIP REIT will upgrade three malls, including a RM160 million AEON extension at Kinta City, and is days from completing its RM435 million Setapak Central buy. Its six sale-and-lease…
Ann Joo exits steelmaking: Green Esteel takes the Prai mill and its 200-acre freehold Bandar Prai title for RM290mil — less than Axis REIT offered for two-thirds of the land
The RM150 million in Monday’s filing was only the completion instalment. You Zhenhua’s Green Esteel, already Southern Steel’s controlling shareholder, now owns Ann Joo Steel Berhad…
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…
Hektar REIT Closes RM30mil Bayan Lepas Factory Buy at a 7.5% Triple-Net Yield
Sixteen months after announcing it, Hektar REIT has completed the RM30mil purchase of a Bayan Lepas Free Industrial Zone factory from MQ Technology unit Microlead Precision — a sal…
Setting up a factory or plant? Buying / selling industrial property or land in Malaysia? Reach out to Scott now.