Second cash call by Axis REIT in less than a year to repay bank financing
Axis REIT said the latest placement involves issuing up to 100 million new units, representing up to 6.
Axis REIT said the latest placement involves issuing up to 100 million new units, representing up to 6.
Axis REIT reported a revenue of RM71.
The industrial premise comprises two warehouses and a three-storey annexed office building, all on a 268,581 sq ft freehold land.
KUALA LUMPUR (June 28): RHB Research on Tuesday (June 28) said it is more positive on the Malaysian real estate investment trust (REIT) sector as a defensive play due to "guaranteed" rental income despite the current global inflationary environment.
KUALA LUMPUR (June 10): RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.
KUALA LUMPUR (April 21): Axis Real Estate Investment Trust’s (AXREIT) net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) jumped 17.
KUALA LUMPUR (April 12): Axis Real Investment Trust (REIT) is acquiring a logistics warehouse facility in Pelabuhan Tanjung Pelepas (PTP) in Johor for RM390 million cash, its largest acquisition to date.
KUALA LUMPUR (Feb 23): Axis Real Estate Investment Trust (Axis REIT) has proposed to acquire an industrial facility in Kulai, Johor for RM16.
KUALA LUMPUR (Jan 21): Axis Real Estate Investment Trust's (Axis REIT) net property income rose 10.
KUALA LUMPUR (Jan 21): Axis Real Estate Investment Trust (REIT) will be developing a 620,096 sq ft distribution centre at a cost of RM130 million in Shah Alam, Selangor, which will be leased to Shopee's logistics arm, Shopee Express Malaysia Sdn Bhd, for 15 years upon completion.