Axis Real Estate Investment Trust

AXREIT

MYL5106TO008

Axis Real Estate Investment Trust (the Trust) is a Malaysia-based industrial real estate investment trust. The Trust owns and invests primarily in industrial and office real estate. The primary investment objectives of the Trust are to provide unitholders of the Trust with a stable and growing distribution of income, and to achieve long-term growth in the net asset value (NAV) per unit of the Fund. The Trust owns a portfolio of approximately 62 investment properties, comprising office and industrial buildings, logistics warehouses, hypermarkets, and manufacturing facilities located in Malaysia. The Trust's property portfolio includes Menara Axis, Axis Business Campus, Axis Business Park, Axis Vista, Quattro West, Wisma Kemajuan and Axis Industrial Facility 1 @ Shah Alam. Axis REIT Managers Berhad is the manager of the Trust.

Sector

Specialized REITs

Calendar

2024-07-23 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Axis Real Estate Investment Trust

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.91 MYR

Average target price

1.998 MYR

Spread / Average Target

+4.60%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Islamic REITs

	1st Jan change	Capi.
AXIS REAL ESTATE INVESTMENT TRUST	+6.70%	695M
JADWA INVESTMENT - JADWA REIT SAUDI FUND	-9.10%	606M
AL RAJHI REIT FUND	-6.19%	612M
BONYAN REIT FUND	+0.51%	428M
SEDCO CAPITAL REIT FUND	-4.93%	432M
RIYAD REIT FUND	-12.75%	354M
ALAHLI CAPITAL - AL-AHLI REIT FUND	-10.06%	298M
ALKHABEER REIT FUND	+2.27%	237M
AL-'AQAR HEALTHCARE REIT	+4.84%	227M
DERAYAH FINANCIAL - DERAYAH REIT FUND	-15.15%	201M

Islamic REITs

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.91 ^MYR	+0.53%		+2.69%	+6.70%

Apr. 24	Axis REIT Buys Industrial Complex, Open Storage Yard for MYR352 Million	MT
Apr. 24	Axis REIT Posts Higher DPU for Q1	MT

Axis REIT Buys Industrial Complex, Open Storage Yard for MYR352 Million	Apr. 24	MT
Axis REIT Posts Higher DPU for Q1	Apr. 24	MT
An undisclosed buyer agreed to acquire A steel fabrication facility within Kawasan Perindustrian SiLC from Axis Real Estate Investment Trust for approximately MYR 160 million.	Apr. 23	CI
Axis Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 23	CI
Axis Real Estate Investment Trust entered into sale and purchase agreement to acquire Kawasan Perusahaan Bukit Raja industrial complex from Amsteel Mills Sdn. Bhd. for MYR 310 million.	Apr. 21	CI
IGB REIT Books Revaluation Surplus of MYR81.3 Million on Property Portfolio	Jan. 24	MT
Axis REIT Raises Dividend as Profit Jumps in Q4	Jan. 24	MT
Axis Real Estate Investment Trust Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 23	CI
Axis Real Estate Investment Trust entered into a sale and purchase agreement to acquire A two-storey shopping mall from Amal Mewah Development Sdn. Bhd. for MYR 25.8 million.	Dec. 07	CI
Axis Real Estate Investment Trust Proposes Third Interim Income Distribution in Respect of the Period from 1 July 2023 to 30 September 2023, Payable on 15 December 2023	23-10-27	CI
Axis Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-27	CI
Axis Real Estate Investment Trust Announces Resignation of Alex Lee Lao as Alternate Director	23-10-27	CI
Axis Real Estate Investment Trust Appoints Takim Khan Myhre as Alternate Director	23-10-27	CI
Axis Real Estate Investment Trust entered into a sale and purchase agreement to acquire Property Located Within Kawasan Perindustrian Sendayan Techvalley, Seremban from Matrix IBS Sdn Bhd and BSS Development Sdn. Bhd. for MYR 48 million.	23-10-24	CI
Axis REIT Cuts Dividend as Profit Drops in Q2	23-07-26	MT
Axis Real Estate Investment Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-26	CI
Axis Real Estate Investment Trust Announces Resignation of Yam Tunku Dato' Seri Shahabuddin Bin Tunku Besar Burhanuddin as Independent and Non Executive Chairman	23-05-30	CI
Axis Real Estate Investment Trust Announces Resignation of Encik Mohd Sharif Bin Hj Yusof as Independent and Non Executive Director	23-05-30	CI
Axis Real Estate Investment Trust Announces Redesignation of Tew Peng Hwee as Deputy Chairman	23-05-30	CI
Axis Real Estate Investment Trust Announces Resignation of Datuk Seri Fateh Iskandar Bin Tan Sri Dato' Mohamed Mansor as Independent and Non Executive Director	23-05-30	CI
Axis Real Estate Investment Trust Announces Redesignation of Dato Abas Carl Gunnar Bin Abdullah as Chairman	23-05-30	CI
Axis Real Estate Investment Trust Announces the Resignation of Yam Tunku Dato' Seri Shahabuddin Bin Tunku Besar Burhanuddin as Independent and Non-Executive Member of the Audit Committee	23-05-30	CI
Axis Real Estate Investment Trust Announces the Redesignation of Madam Lim Keng Hwee from Independent and Non-Executive Member of the Audit Committee to Independent and Non-Executive Chairman of Audit Committee	23-05-30	CI
Axis Real Estate Investment Trust Announces the Resignation of Encik Mohd Sharif Bin Hj Yusof as Independent and Non Executive Chairman of Audit Committee	23-05-30	CI
Axis Real Estate Investment Trust Appoints Devika A/P K Sothinathan as Independent and Non-Executive Chairman of the Remuneration Committee	23-05-30	CI