Axis REIT to acquire Senai industrial property for MYR34.6 million
Axis REIT has agreed to acquire a double-storey detached factory with a mezzanine floor and an annexed office building located…
Axis REIT acquires two assets in Selangor for MYR158.6 million
Axis REIT is acquiring two adjoining assets within the Pulau Indah Industrial Park for MYR158.644 million. The assets are being…
Axis REIT prices placement units to raise MYR175 million for expansion plans
Axis REIT has priced its placement units, and will raise total proceeds of about MYR175 million from the exercise. The…
Axis REIT eyes MYR135 million in acquisitions for 2021, but dips in profit expected
Malaysia-listed Axis REIT is eyeing an acquisition pipeline of about MYR135 million.
Malaysian retail REITs will see uneven impact to 2021 DPU from fresh MCO
Malaysian REITs with retail assets are expected to lose an average of a month in rental income, given the latest…
Asian logistics REITs to power ahead amid post-pandemic changes in consumer behaviour
COVID-19 may have ravaged earnings for retail and hospitality REITs, but REITs in a contrasting segment look set to benefit…
Axis REIT Johor acquisitions seen only as ‘mildly positive’ by Maybank
Axis REIT’s proposed acquisition of two freehold properties in the state of Johor has largely failed to excite the market,…
Axis REIT secures land lease to develop aerospace facility
Axis REIT has secured the lease for approximately 7.02 acres of vacant land in Subang, Malaysia to develop, and subsequently…
Axis REIT reports 4.65% fall in DPU for 2Q 2016
Malaysia-listed mixed industrial and office REIT, Axis REIT, announced on 5 August that it has achieved a distribution per unit…
Axis REIT to acquire Johor warehouse for MYR33 million
Malaysia-listed office and industrial REIT, Axis REIT, has entered into a sale and purchase agreement to acquire a single-storey warehouse…