OVERVIEW

 

Axis-REIT is a real estate investment trust constituted by a Deed and principally regulated by applicable securities laws, the SC's Guidelines on REITs, the SC’s Guidelines on Islamic REITs, the Listing Requirements of Bursa Malaysia, the rules of the depository and relevant taxation laws and rulings.

 

On 15 June 2005, the Deed constituting Axis-REIT, was executed between Axis REIT Managers Berhad as the Manager of Axis-REIT, and RHB Trustees Berhad as the Trustee of Axis-REIT. The Deed was registered with the SC on 16 June 2005, which marked the establishment of Axis-REIT in Malaysia. Axis-REIT was thereafter reclassified as an Islamic REIT on 11 December 2008.

 

Axis-REIT was formed to own and invest primarily in office and industrial real estate. Its primary objectives are:

 

  • To provide Unitholders with a stable and growing distribution of income; and
  • To achieve long-term growth in the net asset value per Unit of the Fund.

 

Axis REIT Managers Berhad is the Manager of Axis-REIT and is licensed as an Islamic Fund Manager to manage a REIT.