Axis Real Estate Investment Trust (Axis-REIT), Malaysia's first real estate investment trust, was listed on Bursa Securities on 3 August 2005. Having been reclassified as an Islamic REIT on 11 December 2008, all acquisitions by Axis-REIT are Shariah compliant. It currently has a diverse portfolio of 62 properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. Axis REIT Managers Berhad is the Manager of Axis-REIT while RHB Trustees Berhad is the latter's trustee. Axis-REIT has a solid industrial space portfolio where 93% of the properties are on industrial titles. As at 30 June 2023, the occupancy rate of Axis-REIT's portfolio stood at 89% with a weighted average lease expiry period of 5 years, based on rental. As at 30 June 2023, the space under management is 12.7 million square feet and total asset value of RM4.4 billion.
Stock data | 2023 | Change |
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Price | $0.41078600114744696 | N/A |
Market Cap | $717.84M | N/A |
Shares Outstanding | 1.75B | 6.49% |
Employees | 78.00 | N/A |
Valuation | 2023 | Change |
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P/S Ratio | 41.60 | N/A |
Earnings | 2023 | Change |
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Revenue | $17.26M | N/A |
Earnings | $9.59M | N/A |
Gross Margin | 0.8614 | N/A |
Operating Margin | 0.8614 | N/A |
Net income margin | 0.5557 | N/A |