Axis Real Estate Investment Trust (5106.KL)

MYR 1.75

(0.0%)

Market Cap (In MYR)

3.51 Billion

Revenue (In MYR)

284.49 Million

Net Income (In MYR)

145.37 Million

Avg. Volume

1.35 Million

Currency
MYR
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
1.71-1.96
PE
-
EPS
-
Beta Value
0.066
ISIN
MYL5106TO008
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Diversified
CEO
Ms. Kit May Leong
Employee Count
-
Website
https://www.axis-reit.com.my
Ipo Date
2007-11-06
Details
Axis Real Estate Investment Trust (“Axis-REIT”), Malaysia's first real estate investment trust, was listed on Bursa Securities on 3 August 2005. Having been reclassified as an Islamic REIT on 11 December 2008, all acquisitions by Axis-REIT are Shariah compliant. It currently has a diverse portfolio of 62 properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. Axis REIT Managers Berhad is the Manager of Axis-REIT while RHB Trustees Berhad is the latter's trustee. Axis-REIT has a solid industrial space portfolio where 93% of the properties are on industrial titles. As at 30 June 2023, the occupancy rate of Axis-REIT's portfolio stood at 89% with a weighted average lease expiry period of 5 years, based on rental. As at 30 June 2023, the space under management is 12.7 million square feet and total asset value of RM4.4 billion.