Axis-REIT stays focused on what it does best
Axis-REIT has completed four property acquisitions this year and is still on an active hunt for more to expand its portfolio.
Axis-REIT has completed four property acquisitions this year and is still on an active hunt for more to expand its portfolio.
Not every player in the real estate sector is struggling to stay afloat.
KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.
KUALA LUMPUR (Aug 7): Axis Real Estate Investment Trust’s (Axis REIT) net property income or NPI rose 15% to RM26.
KUALA LUMPUR (Oct 24): Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) fall 3% to RM35.