Malaysian REIT CapitaLand Malaysia Trust is acquiring three freehold industrial properties in Johor, Malaysia:

The properties are located in Senai Airport City, an industrial and manufacturing hub in the Senai region, which is part of the Johor-Singapore Special Economic Zone in Malaysia.

The three properties – three single-floor detached factories that are each annexed with a two-storey office block – are expected to be completed in the first quarter of 2025.