News & Articles AME Elite firms up REIT listing
AME Elite firms up REIT listing
28 Jul 2022
KUALA LUMPUR: AME Elite Consortium Bhd’s (AME Elite) listing of industrial property assets under a real estate investment trust (AME-REIT) will entail an offer of 254.8 million units or 49% of the total 520 million units in AME-REIT.
AME-REIT is set to be an Islamic industrial REIT with an initial portfolio of 31 industrial properties with ongoing leases and/or tenancies to various local and foreign companies, as well as three workers dormitories that mainly cater to the workers of AME Elite’s industrial parks tenants, the company said in a statement yesterday said.
AME-REIT is set to be an Islamic industrial REIT with an initial portfolio of 31 industrial properties with ongoing leases and/or tenancies to various local and foreign companies, as well as three workers dormitories that mainly cater to the workers of AME Elite’s industrial parks tenants, the company said in a statement yesterday said.
Source: TheStars.com.my