Atrium REIT Acquires Shah Alam Factory

News about Atrium REIT

Atrium REIT has announced the acquisition of an industrial property in Shah Alam (Selangor, Malaysia), for RM45 million:

The purchase will be funded via 20% internally-generated funds and 80% borrowing, Atrium REIT said in a filing with Bursa Malaysia.

Atrium REIT
Price1.020 MYR
NAV1.262 MYR
Yield (4 quarters)7.09%
Gearing39.2%