Axis Real Estate Investment Trust announced that Axis REIT Managers Berhad, the management company of Axis-REIT has proposed to distribute 99% from realised income available for distribution generated from operations for the period from 1 July 2020 to 30 September 2020 as the 2020 third interim income distribution of 2.25 sen per unit, which includes a non-taxable portion of approximately 0.41 sen per unit derived from capital allowances, industrial building allowances and tax-exempt profit income which is not subject to tax. The 2020 third interim income distribution will be payable on 30 November 2020 and the book closure date is 5 November 2020.