Axis-REIT quarterly performance improves


Axis REIT Managers Bhd is optimistic about future performance due to the satisfactory performance of its existing property portfolio.

PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT), which saw an improvement of about 25% in its bottom line for the first half of financial year 2024 (1H24), is confident of maintaining its current performance through the rest of its financial year ending Dec 31, 2024 (FY24).

In a filing with Bursa Malaysia, the REIT said its manager, Axis REIT Managers Bhd, is optimistic about future performance due to the satisfactory performance of its existing property portfolio and its growth strategy to actively pursue quality investments.

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