Axis-REIT confident of sustaining earnings

"We believe subsequent quarters will improve progressively on the strength of this strong growing portfolio," said Leong.

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.