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About Axis-REIT
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Overview
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OUR LOGO, VISION & BUSINESS PHILOSOPHY |
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Our Logo depicts the four corners of the world where "Eastern Philosophy Meets Western Business Practises"; representing the international components of Axis REIT Managers Berhad. It displays the culmination of their experiences, backgrounds and knowledge from Europe and Asia. |
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Our Vision is to successfully benchmark Axis-REIT against the world's most successful REITs in terms of total return to Unitholders and be the REIT of choice for Shariah Investors.
Our Business Philosophy is to provide our customers with the best solutions in the supply of office/commercial and industrial space. We practice an open, transparent and creative management of our real estate portfolio, whilst being "hands on" with our tenants. Our principal objective is to translate our business philosophy into best management practices thereby maximizing returns to Axis-REIT Unitholders.
WHAT IS A REIT?
"A REIT is a collective investment scheme where funds from investors are pooled and invested towards a specified goal as set out in the investment objective of the fund. In addition, a REIT is a fund that invests (via funds raised from investors) in a portfolio of real estate assets or real estate-related assets. Income from the real estate portfolio comprising primarily of rents collected from tenants, less expenses, is then distributed to investors at regular intervals. REITs therefore provide investors with an alternative transparent, liquid vehicle to invest in a diverse portfolio of professionally managed income-generating commercial real estate, which has the potential of a capital upside over the long run."
Axis-REIT was listed on Bursa Malaysia on 3 August 2005. Axis-REIT's principal activity is to invest primarily in commercial, office and office/industrial real estate. In December 2008 it was successfully reclassified as a Shariah Compliant REIT.
Axis-REIT is managed by Axis-REIT Managers Berhad (the "Manager"). The Manager's primary objective is to ensure the Fund provides a regular and stable income distribution to Unitholders and ensure long-term growth in the NAV of the Fund.
To achieve the above objectives, the Manager is entrusted with the implementation of the following investment strategy of the Fund:
- Organic growth strategy - maintain and/or improve the occupancy and net property income within the portfolio of properties through timely asset enhancements and improving operating efficiency to reduce cost
- Acquisition growth strategy - selective acquisition of yield accretive Shariah compliant properties which meets the Fund's investment objectives
- Financing strategy - put in place a cohesive debt and equity strategy which also addresses funding cost risks.
- Investor Relations - we take pride in maintaining an excellent relationship with all our stakeholders.
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