Excluding Pavilion REIT and Axis REIT, which will continue to be driven by asset acquisitions in the niche industrial segment for the latter and asset injections from its sponsor for the former, CIMB said the pipeline for retail REITS remains dry for the second half of the year. (Menara Axis in Petaling Jaya)
KUALA LUMPUR : Maybank IB Research says that Axis REIT's growth strategy involving the active acquisition of industrial assets remains a plus point for the group's long term growth outlook.
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