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.
| LATEST NEWS | Malaysia’s direct investment abroad (DIA) position moderated to RM12.4 billion in 2025 from RM35.5 billion in 2024 -- DoSM | Total direct investment abroad was RM589.3 bln at end-2025, or 29.1 pct of GDP, vs 32.2 pct in 2024 -- DoSM | Malaysia's FDI rose 41.2 pct to RM65.9 bln in 2025 vs RM46.7 bln in 2024 -- DoSM | Cumulative FDI expanded to RM1.09 trillion at end-2025, accounting for 53.7 pct of GDP, compared with 51.4 pct in 2024 -- DoSM | The Advanced Air Mobility and drone sectors are expected to grow rapidly, with investments worth billions of dollars - Loke | |
There are 8 news based on search keyword "axis-reit"
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.
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.
Axis-REIT Posts Higher 2Q Net Profit Of RM46.95 Mln
KUALA LUMPUR, July 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a higher net profit of RM46.95 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM38.95 million in the same period last year.
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.
Axis-REIT Raises RM449.73 Mln Via Largest Private Placement To Date
KUALA LUMPUR, Oct 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) has raised RM449.73 million through its largest private placement.