Axis REIT To Seek More Industrial Asset Acquisitions In 2026
PETALING JAYA, Jan 29 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) plans to step up acquisitions in 2026, focusing mainly on industrial assets.
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Axis-REIT To Acquire Industrial Property In Johor For RM34.6 Mln
KUALA LUMPUR, Dec 31 (Bernama) -- Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Bhd has entered into a sale and purchase agreement (SPA) to purchase a double-storey detached factory with a double-storey office building in Johor for a cash consideration of RM34.6 million.
Ann Joo Unit To Dispose Of Penang Industrial Land To Axis REIT For RM800 Mln
KUALA LUMPUR, Nov 6 (Bernama) -- Ann Joo Resources Bhd’s (AJR) wholly-owned subsidiary, Ann Joo Steel Bhd (AJSB), has accepted a conditional letter of offer from Axis REIT Managers Bhd for a proposed disposal of a freehold industrial land in Prai, Penang, for RM800 million.
Johor Enters Multi-year Growth Phase, REITS To Benefit - Maybank IB
KUALA LUMPUR, Oct 7 (Bernama) -- Johor has entered a multi-year growth phase driven by infrastructure integration, industrial diversification and resilient cross-border consumption, said Maybank Investment Bank Bhd (Maybank IB).
Axis-REIT Acquires Industrial Property In Port Klang For RM50 Mln
KUALA LUMPUR, Sept 4 (Bernama) -- Axis Real Estate Investment Trust's (Axis-REIT) trustee, RHB Trustees Bhd, has entered into a sale and purchase agreement to acquire an industrial property from Barry Callebaut Malaysia Sdn Bhd for RM50 million.
Asset Recycling, Acquisitions To Drive Malaysia's REIT Sector In 2H 2025 -- Maybank Investment
KUALA LUMPUR, June 10 (Bernama) -- Maybank Investment Bank Bhd expects catalysts, such as asset recycling and new acquisitions, to support the Real Estate Investment Trust (REIT) sector in the second half of 2025 (2H 2025), as management across the sector maintains a cautiously optimistic outlook.
Axis-REIT To Dispose Of The Annex For RM24.2 Mln, Net Gains To Be Distributed To Unitholders
KUALA LUMPUR, Feb 26 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) is disposing of The Annex in Petaling Jaya for RM24.2 million, with net gains from the transaction to be distributed to unitholders.
Axis REIT’s FY2024 Net Profit Falls To RM210 Mln
KUALA LUMPUR, Jan 23 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a lower net profit for the financial year ended Dec 31, 2024 (FY2024) at RM210 million, down from RM217.77 million recorded in the previous year.
Malaysian REITs Witness Positive Growth In 2024 Despite Global Challenges - MRMA
KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Real Estate Investment Trusts (M-REITs) have witnessed a positive uptrend despite the challenging global economic and geopolitical landscape this year, according to the Malaysian REIT Managers Association (MRMA).