AME Real Estate Investment Trust. Stock Analysis AMEREIT.KL

AME Real Estate Investment Trust engages in investing in a diverse portfolio of properties. The company is headquartered in Kulai, Johor and currently employs 8 full-time employees. The company went IPO on 2022-09-20. Its investment objective is to provide unitholders with a stable and growing distribution of income and to achieve long-term growth in the net asset value per unit. AME REIT’s principal investment policy of investing, directly and indirectly, in a Shariah-compliant portfolio of income-producing real estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. AME REIT operates through a single segment, which is engaged in the leasing of investment properties. Its portfolio consists of approximately 34 fully tenanted industrial properties with an ALA of 1.9 million sq. ft. AME REIT's properties include i-Park SAC 5, i-Park SAC 6, i-Park SAC 9, i-Park SAC 16, i-Park SAC 17, i-Park SAC 18 & 19, i-Park SAC 20, i-Park SAC 21, i-Park SAC 30, i-Park SAC 32, i-Park SAC 43, i-Park SAC 1A1 and others. Its manager is I REIT Managers Sdn Bhd.