Axis Real Estate Investment Trust

Emerson Industrial Facility in Nilai is a single-storey detached factory and warehouse annexed with a three-storey office building and canteen. It is strategically located in Kawasan Perindustrian Nilai 1, which, together with its neighouring Kawasan Perindustrian Nilai III, Nilai Inland Port, Nilai Utama and Arab-Malaysia Industrial Park, form part of the massive 3,500-acre Nilai Industrial Area.

Prominent neighbouring buildings to this property include SGK Food Industry Sdn Bhd, MMT (M) Sdn Bhd, SKF Bearing Industries (M) Sdn Bhd, Lembaga Koko Malaysia , Harta Packaging Industries Sdn Bhd and K Plastic Industries Sdn Bhd.

The building enjoys easy accessibility to Kuala Lumpur-Seremban Highway. An alternative access is the newly completed Lebuhraya Kajang-Seremban (LEKAS Highway) via the Pajam Interchange. Geographically, the property is about 5.8 km (3.6 miles) due north of the Nilai town and about 18.7 km (11.6 miles) due north-west of Seremban.

PURCHASE PRICE
RM26,500,000

APPRAISED VALUE
RM47,900,000

TYPE
Manufacturing Facilities

ACQUISITION
DATE
30 August 2012

NUMBER OF
TENANTS
1

LAND AREA
317,988 sq ft
[29,542 sq m]

NET LETTABLE
AREA
291,642 sq ft
[27,094 sq m]

OCCUPANCY RATE
100%

TITLE
Leasehold expiring on 30 September 2095

LAND TITLE
H.S.(D). 51916, PT 20449, Mukim of Serendah, District Of Ulu Selanogor, State of Selangor.

AGE OF BUILDING
About 18 to 27 years

ADDRESS
Lot 13111 & Lot 13112,
Mukim Labu
Kawasan Perindustrian Nilai 1
71800 Nilai
Negeri Sembilan

MAJOR TENANTS
Emerson Process Management Manufacturing (M) Sdn Bhd


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Emerson Industrial Facility Nilai