AmFirst REIT may acquire complex

Posted on | May 19, 2007

By BUSINESS TIMES

AMFIRST real estate investment trust said its manager, Am ARA REIT Managers Sdn Bhd, is going through the books of a RM250 million mid-range suburban commercial complex in the Klang valley. The property has an expected yield of around 8 per cent, it said in a statement to Bursa Malaysia yesterday. An announcement will be made once an agreement is signed, it said.

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