Axis-REIT optimistic about growth prospects

Axis REIT Managers Bhd chief executive officer and executive director Leong Kit May

PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) remains optimistic of its growth prospects on the back of the satisfactory performance of its existing property portfolio and growth strategy to pursue quality investments.

For the first quarter ended March 31, 2023 (1Q23), Axis-REIT’s total trust income was up by 5.2% year-on-year (y-o-y) to RM70.2mil from RM66.7mil in 1Q22.