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
Price1.220 MYR
NAV1.341 MYR
Yield (4 quarters)6.41%
Gearing39.1%