A major acquisition within Malaysia’s logistics sector is set to further strengthen the country’s supply chain infrastructure. A leading real estate trust has finalized a deal to acquire an innovative, automated logistics property for RM180 million, marking a significant step toward meeting the growing demand for advanced logistics facilities.
Located in a strategic industrial park in Selangor, the newly acquired Elmina Logistics Hub is designed to enhance operational efficiency through its state-of-the-art Automated Storage and Retrieval System (ASRS). This cutting-edge system utilizes cranes and robotics to automate the storage and retrieval of goods, a critical feature in today’s fast-paced and efficiency-driven supply chain environment.
The 40-meter high, single-storey warehouse boasts impressive capabilities, including 19 loading bays with hydraulic dock levellers and the capacity to handle more than 30,000 pallets. With a projected annual rental income of RM12.3 million and a promising first-year gross yield of 6.8%, the property is poised to play a pivotal role in supporting Malaysia’s logistics and supply chain operations.
Set for completion in mid-2025, this acquisition aligns with the broader trend of increasing investments in automated logistics infrastructure, which is crucial for keeping pace with the demands of modern supply chains, particularly in the e-commerce sector. The move will diversify the acquiring company’s portfolio, further solidifying its position in the logistics sector while promoting long-term, sustainable growth.
This strategic acquisition reflects Malaysia’s growing focus on strengthening its logistics network, ensuring that businesses have access to the cutting-edge infrastructure needed to operate at maximum efficiency. It underscores the vital role that innovative logistics solutions play in driving the future of the supply chain industry.
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