Maybank IB Research said Axis achieved a positive rental reversion rate of 5.6% for 2020.
PETALING JAYA: Despite the Covid-19 pandemic, Axis Real Estate Investment Trust (REIT) has a high tenant retention rate and this poses lower risk of non-renewals.
Currently, there are five ongoing acquisitions which are expected to be completed in the first half of this year at a total purchase price of RM235mil.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
