PETALING JAYA: Axis Real Estate Investment Trust
(Axis-REIT) remains optimistic of its performance in the year ahead, underpinned by high occupancy rates, stable rental income and prudent asset management.
For the fourth quarter ended Dec 31, 2025 (4Q25), the group’s net income rose 47% year-on-year (y-o-y) to RM133.9mil or an earnings per share of 6.62 sen.
This was supported by resilient net property income as well as a RM86.3mil fair value gain on investment properties.
Revenue was up 4% y-o-y to RM91.3mil.
For the financial year ended Dec 31, 2025 (FY25), the company’s net income increased by 34% y-o-y to RM282mil or an earnings per share of 13.96 sen, reflecting stronger income and disciplined cost management.
Revenue was up by 14% to RM364.2mil, driven by higher rental income contributions from its portfolio.
Axis-REIT Managers Bhd chief executive officer and executive director Leong Kit May said the company’s FY25 results demonstrated the continued strength and resilience of its existing property portfolio, underpinned by high occupancy rates, stable rental income and prudent asset management.
“Malaysia’s key industrial corridors such as the Klang Valley, Penang and Johor continue to attract multinational companies seeking cost-efficient logistics and manufacturing hubs, positioning Axis-REIT favourably to capture sustainable growth,” she said in a statement.
Leong noted the group executed three sale and purchase agreements, and entered into a conditional letter of offer to acquire several strategically located industrial properties across these key growth corridors in 2025.
“Most recently, we completed the acquisition of an industrial property within Kawasan Industri Bandar Sultan Suleiman, Port Klang on Jan 27, 2026, bringing our total portfolio to 70 properties,” she said.
As at Dec 31, 2025, the occupancy rate of Axis-REIT’s portfolio stood at 94% with a weighted average lease expiry period of 4.4 years, based on rental.
The total space under management was 15 million sq ft and total asset value of RM5.36bil.
In a separate filing with Bursa Malaysia, the group said its trustee, RHB Trustees Bhd, had carried out a revaluation on all the company’s investment properties.
The revaluation resulted in an increase of 1.68% above the unaudited carrying value of the group’s properties of RM5.2bil as at Dec 31, 2025.
This brings Axis-REIT’s net asset value per unit to RM1.69.
Axis-REIT has declared a final income distribution per unit of 2.75 sen in 4Q25, with an ex-date of Feb 12, 2026 and payable on Feb 27, 2026.
