Potential disposal of mature office assets could be catalysts for Axis REIT
Axis Real Estate Investment Trust (Jan 19, RM1.
Axis REIT targets AUM growth to exceed 10% for 2017
KUALA LUMPUR (Jan 19): Axis Real Estate Investment Trust (REIT) said it expects its total assets under management (AUM) to grow by more than 10% for its financial year ending Dec 31, 2017, contributed by the completion of Phase 1 of Axis PDI Centre and a few more acquisitions the trust is eyeing.
Axis REIT 4Q net income up 6.27%, declares 2.1 sen distribution
KUALA LUMPUR (Jan 19): Axis Real Estate Investment Trust’s (REIT) realised net income for the fourth quarter ended Dec 31, 2016 (4QFY2016) came in at RM23.
‘REITs’ fundamentals still intact’
KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.
REITs’ target prices revised downwards on higher MGS yield
Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.
KL office occupancy rates may fall further
KUALA LUMPUR (Nov 1): The occupancy rate of offices in Kuala Lumpur city has fallen to 83% from nearly 90% in 2H2015.
Axis REIT's 3Q NPI falls 3% on higher opex
KUALA LUMPUR (Oct 24): Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) fall 3% to RM35.
Axis REIT sitting on ‘gold mine’
KUALA LUMPUR (Oct 10): Axis Real Estate Investment Trust (REIT) chief executive officer Leong Kit May knew that the trust has a “gold mine” waiting to be excavated in its 50-acre (20.
Semenyih’s growth spurt
SEMENYIH, a small town whose name originated from the Malay word “Sembunyi” (hidden place), is no longer such a place.
