PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) is proposing to dispose of the Axis Steel Centre@SiLC in Nusajaya, Johor, to a data centre operator for RM162mil.

In a filing with Bursa Malaysia, Axis-REIT said it is unable to disclose the identity of the purchaser as consent was not granted due to confidentiality clauses in the sale and purchase agreement.