Positive outlook for AME-REIT on full occupancy

PETALING JAYA: RHB Research has turned bullish on the prospects of AME Real Estate Investment Trust (AME-REIT), commenting that the latter’s earnings are in line with expectations, recording stable growth from its fully occupied properties.

The research house reported that AME-REIT’s core profit for its first financial quarter ended June 30 of financial year 2025 (1Q25) of RM8.9mil had fulfilled expectations at 24% of its full-year forecast.