Bursa Building

Axis Real Estate Investment Trust - 5106(AXREIT)

Axis Real Estate Investment Trust - 5106 (AXREIT)

Axis Real Estate Investment Trust lists under Main Market of Bursa Malaysia. It has been classified in the REITs sector. The stock code uses in Bursa Malaysia is "5106" or identify by stock name of "AXREIT". More information about Axis Real Estate Investment Trust can be found in their website (www.axis-reit.com.my).

EntitlementEx-DateLodgementPayment
3rd Int Income Distribution 4.30 Sen (4.22 sen Taxable & 0.08 Sen Non Taxable)02-11-201206-11-201229-11-2012
Final Income 1.20¢ + 0.20¢ TE30-01-201202-02-201229-02-2012
Stock quote also available at Bursa Malaysia, The Star.
 

Axis-REIT is a real estate investment trust constituted by the Deed and principally regulated by Securities Laws (as defined in Section 2(1) of the SCA), the SC Guidelines on REITs, the Listing Requirements of Bursa Securities, the rules of the Depository and taxation laws and rulings (collectively "Applicable Laws and Requirements").

The Deed was entered into on 15 June 2005 between Axis-REIT Managers as the Manager of Axis-REIT, and OSK Trustees Berhad, as the Trustee of Axis-REIT, and the Deed was registered and lodged with the Securities Commission (SC) on 16 June 2005.

Axis-REIT commenced business on the 3 August 2005 and was formed to own and invest primarily in commercial, office and office/industrial real estate. The primary objectives of the Fund are :

to provide Unitholders with distribution of income; and

to achieve long-term growth in the NAV per Unit of the Fund.

Latest News

 
Affordable housing the key - New Straits Times Online

Affordable housing the key
New Straits Times Online
Axis Real Estate Investment Trust (REIT) Managers Bhd head of investment Siva Shanker said building affordable housing within these few years from now was a good move for property developers, which could promise good take-ups among investors as ...

Small Developers to Focus on Affordable Homes in Klang Valley - PropertyGuru Malaysia

PropertyGuru Malaysia

Small Developers to Focus on Affordable Homes in Klang Valley
PropertyGuru Malaysia
According to Axis Real Estate Investment Trust (REIT) Managers Bhd Investment Head Siva Shanker, developing affordable homes in the next few years is a good move, as these units remain sought-after by buyers and investors. “Affordable housing is the ...

Axis REIT targets more than 10% AUM growth this year - The Star Online

The Star Online

Axis REIT targets more than 10% AUM growth this year
The Star Online
Axis REIT targets more than 10% AUM growth this year ... For FY16, Axis Real Estate Investment Trust recorded a pre-tax profit of RM122.29mil, up from RM96.63mil in FY15, while revenue increased to RM167.36mil from RM163.82mil previously. - Bernama.

and more »
Scomi Eng sells industrial complex to Axis REIT - The Star Online

The Star Online

Scomi Eng sells industrial complex to Axis REIT
The Star Online
KUALA LUMPUR: Scomi Engineering Bhd (SEB) has sold a parcel of industrial land in Sungai Choh, Selangor, and the complex on it to Axis Real Estate Investment Trust (Reit) trustee, RHB Trustees Bhd, for RM42mil and will lease back the properties.

and more »
IDBI Bank to sell stake in non-core businesses - The Hindu

IDBI Bank to sell stake in non-core businesses
The Hindu
The board of the bank has approved in–principle the proposal to divest some of its non–core investments subject to compliance with all applicable laws and regulations and final approval obtained for each transaction, IDBI Bank said in a regulatory ...

and more »
Axis-REIT's trustee signs deal with Nestle - Daily Express

Axis-REIT's trustee signs deal with Nestle
Daily Express
Kuala Lumpur: Axis Real Estate Investment Trust (Axis-REIT) trustee, RHB Trustees Bhd, signed a build and lease agreement with Nestle Products Sdn Bhd today to develop the Nestle Distribution Centre, a 515,000 sq ft distribution warehouse facility.

Occupancy, rental for office market likely to pick up in four to five years - The Star Online

The Star Online

Occupancy, rental for office market likely to pick up in four to five years
The Star Online
Axis Real Estate Investment Trust (REIT) Managers Bhd head of investment Siva Shanker said the office market was undergoing an overhang period and not facing a supply glut. “A supply glut means there's too much space but overhang means it would take ...

and more »
The Morning Ledger: Finding Rules to Repeal a Tedious Affair that Yields Tiny Savings - Wall Street Journal (blog)

Wall Street Journal (blog)

The Morning Ledger: Finding Rules to Repeal a Tedious Affair that Yields Tiny Savings
Wall Street Journal (blog)
... by new accounting rules. Premium pinch for Axis Capital Holdings Ltd. Net premiums written fell 22% to $464.4 million, missing analyst estimates of $602.7 million, MarketWatch reports. ... Mr. Ashraf previously served as the chief financial officer ...

Sime moves to pare down debt - The Star Online

The Star Online

Sime moves to pare down debt
The Star Online
Speculation about Sime Darby looking to acquire a REIT had surfaced as early as in June 2014, when it was reported that the group was interested to buy the Axis Real Estate Investment Trust (Axis REIT) and its management firm Axis REIT Managers Bhd ...

Surge in interest in REITs following Bank Negara interest rate cut ... - The Star Online

The Star Online

Surge in interest in REITs following Bank Negara interest rate cut ...
The Star Online
Excluding Pavilion REIT and Axis REIT, which will continue to be driven by asset acquisitions in the niche industrial segment for the latter and asset injections ...

and more »

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