Axis REIT buys industrial Shah Alam property for RM87m
KUALA LUMPUR (April 23): Axis Real Estate Investment Trust (Axis REIT) is adding a freehold industrial property in Shah Alam, Selangor, which it is acquiring for RM87 million, to its portfolio.
KUALA LUMPUR (April 23): Axis Real Estate Investment Trust (Axis REIT) is adding a freehold industrial property in Shah Alam, Selangor, which it is acquiring for RM87 million, to its portfolio.
PETALING JAYA (March 8): Axis REIT Managers Bhd head of investment Siva Shanker expects the performance of third-tier shopping malls to worsen, with these spaces eventually becoming store rooms for e-commerce businesses, if they do not stay relevant.
Axis Real Estate Investment Trust (Jan 24, RM1.
KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust (Axis REIT) said it is aiming to achieve RM292 million worth of industrial asset acquisitions this year.
KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust's (Axis REIT's) net property income (NPI) for the fourth quarter ended Dec 31, 2017 (4QFY17) slid 1% to RM35.
KUALA LUMPUR (Jan 18): Hong Leong Investment Bank Bhd (Heong Leong IB) said Malaysian real estate investment trusts' (REITs) share prices may face pressure from the imminent rise in the country's overnight policy rate (OPR).
Sunway Real Estate Investment Trust (Jan 2, RM1.
KUALA LUMPUR (Dec 5): Axis Real Estate Investment Trust (Axis-REIT) has added its 40th property — an industrial facility in Gebeng, Kuantan — to its portfolio today.
KUALA LUMPUR (Dec 4): Taking on its first build-to-suit project last year after obtaining a waiver from the Securities Commission Malaysia to undertake property development activities has whet Axis Real Estate Investment Trust’s (Axis REIT) appetite for more.
Axis Real Estate Investment Trust (Nov 13, RM1.