Axis REIT successfully raises RM449.7m via private placement
In view of the upcoming enlarged unit capital from this placement, Axis REIT had declared on Tuesday an advance fourth interim distribution of 1.
Axis REIT's 3Q net property income rises 12%, declares 2.35 sen DPU
For the first nine months of FY2024 (9MFY2024), the REIT posted an 11.
Axis REIT plans private placement of 15% issued units to raise RM455 mil
The proposed placement involves up to 15.
Axis REIT to acquire two industrial assets near Port Klang for RM159m
The REIT's trustee, RHB Trustees Bhd, has entered into agreements to buy the assets located in the Pulau Indah Industrial Park from Malconrep Depot (M) Sdn Bhd and Dayang Mewah Sdn Bhd, according to a bourse filing on Wednesday.
Axis REIT to see sustained earnings in 2H, says HLIB
In a note on Wednesday, the research house said the results were within house and consensus full-year estimates at 48%.
Axis REIT's NPI up 12.9%, declares 2.25 sen income distribution
Revenue for the quarter ended June 30, 2024, rose 11.
Axis REIT to acquire two auto service centres for RM125m
The acquisition of the service centres, one in Seksyen 51A of Petaling Jaya and another in Batu Caves in Gombak, is expected to generate a starting gross yield of about 6.
Axis REIT to dispose of Axis Steel Centre @ SiLC in Johor for RM162m cash
Axis Steel Centre @ SiLC is sprawled over 26.
Axis REIT sees 40% jump in 1Q net trust income, to distribute 2.3 sen per unit
Net trust income rose to RM42.
Axis REIT's latest acquisition to boost earnings, is yield accretive — analysts
On Monday, Axis REIT announced that it is buying the industrial complex and open storage yard from Amsteel, a unit of Lion Industries Corp Bhd.
