Axis Real Estate Investment Trust. Stock Analysis AXREIT.KL

Axis Real Estate Investment Trust engages in owning and investing in office and industrial real estate. The company is headquartered in Petaling Jaya, Selangor and currently employs 78 full-time employees. The company went IPO on 2005-08-03. 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 offer strategic opportunities for businesses to focus on their core activities by divesting their real estate holdings through a sale and leaseback arrangement. The Trust owns a portfolio of 62 investment properties comprising office/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 Technology Centre, and Crystal Plaza, Quattro West, Axis Mega Distribution Centre, and others.