Axis

Axis REIT Proposes RM3 Billion Sukuk Programme to Fund Growth and Sustainability Goals Axis Real Estate Investment Trust (KL:AXREIT) has unveiled plans to establish a sukuk programme worth up to RM3 billion in nominal value. The multi-purpose funding initiative is aimed at supporting the REIT’s long-term capital needs, with the flexibility to issue sustainability and sustainability-linked sukuk as part...

Axis Real Estate Investment Trust (Axis-REIT) is set to expand its diverse portfolio with the proposed acquisition of Temerloh Mall, a two-storey shopping complex located in Taman Damai, Temerloh, Pahang. The RM25.75 million cash transaction, subject to regulatory approval, reflects Axis-REIT's strategic approach to providing unitholders with consistent income distributions and enhancing its net asset...