MIDF upgrades Axis REIT to 'buy'


KUALA LUMPUR: MIDF Research has maintained its earnings forecasts on Axis Real Estate Investment Trust (REIT) following news of its acquisition of an industrial asset in Bukit Raja, Shah Alam.

It said earnings impact from the acquisition is expected to be minimal at less than 1% of FY21/22 earnings.

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MIDF Research , Axis REIT , property , Bukit Raja

   

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