(The Edge Property, 16/06/2016)
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Wednesday 13 July 2016
AmanahRaya REIT buys property in Cyberjaya for RM40 million
AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a 4-storey office building in Cyberjaya for RM40 million from Cyberview Sdn Bhd and Setia Haruman Sdn Bhd. The freehold land is 2.05 acres in size while the building has a gross floor area of approximately 93,804sf. The property has tenancy agreement for a tenure of five years with a potential for extension for another three years. It also provides an initial net yield of 7.19% per annum.
(The Edge Property, 16/06/2016)
(The Edge Property, 16/06/2016)
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