A GROWING

PORTFOLIO

INTEGRATED ANNUAL REPORT 2020

15years-of-excellence

OUR MARKET

PRESENCE

As At 31st December 2020

TOTAL PROPERTIES

0
0

Office

0

Logistics Warehouse

0

Office/Industrial

0

Hypermarket

0

Manufacturing Facility

0

Office

0

Office/Industrial

0

Manufacturing Facility

0

Logistic Warehouse

0

Logistic Warehouse

0

Hypermarket

0

Manufacturing Facility

0

Manufacturing Facility

0

Logistic Warehouse

0

Hypermarket

3

Office

10

Office/Industrial

8

Manufacturing Facility

8

Logistic Warehouse

5

Logistic Warehouse

1

Hypermarket

1

Manufacturing Facility

10

Manufacturing Facility

6

Logistic Warehouse

1

Hypermarket

2020

AT A GLANCE

MARKET CAPITALISATION

RM 0

FAIR VALUE GAIN ON INVESTMENT PROPERTIES FOR 2020

RM 0

TOTAL ASSETS UNDER MANAGEMENT

RM 0

TOTAL SPACE UNDER MANAGEMENT

0 sq. ft.

DISTRIBUTION PER UNIT FOR 2020

0 sen

TOTAL ACQUISITIONS FOR 2020

RM 0

WEIGHTED AVERAGE LEASE EXPIRY (BASED ON RENTAL)

0 years

MARKET CAPITALISATION

RM 2,927,933,000

FAIR VALUE GAIN ON INVESTMENT PROPERTIES FOR 2020

RM 18,966,000

TOTAL ASSETS UNDER MANAGEMENT

RM 3,364,083,000

TOTAL SPACE UNDER MANAGEMENT

10,478,726 sq. ft.

DISTRIBUTION PER UNIT FOR 2020

8.75 sen

TOTAL ACQUISITIONS FOR 2020

RM 258,870,000

WEIGHTED AVERAGE LEASE EXPIRY (BASED ON RENTAL)

5.7 years

LETTER TO UNITHOLDERS FROM

THE CHAIRMAN & CEO

DEAR UNITHOLDERS,

On behalf of the Board of Directors of Axis REIT Managers Berhad, we are pleased to present Axis-REIT’s Integrated Annual Report for the financial year ended 31 December 2020.

2020 marked the 15th anniversary of Axis-REIT’s listing. We are very proud to have witnessed the Fund’s growth trajectory, having progressed from an Office/Industrial REIT with a portfolio of just five properties in the Klang Valley in 2005, to become one of Malaysia’s largest Industrial Islamic REITs, with a nationwide footprint today.

MANAGER'S DISCUSSION

AND ANALYSIS

CEO'S REVIEW

The Fund’s emphasis on long term, sustainable growth over the years has positioned it to enjoy continued expansion despite the adverse operating and economic environment in 2020. The Manager’s prudent financial strategies ensured that the Fund has a strong balance sheet, with sufficient liquidity and headroom to pursue acquisitive opportunities, and to explore potential development projects, laying the foundation for continued growth in the years to come.

MANAGEMENT OF

SUSTAINABILITY MATTERS

LIST OF SUSTAINABILITY MATTERS

We view value creation holistically, applying integrated thinking to identify sustainability matters that may influence our ability to create value in the short, medium and long term. These matters shape our strategy in managing ESG-related risks and our approach in capitalizing on opportunities that present themselves.

ECONOMIC

Economic Performance

Tenant Satisfaction

Quality Assets & Services
- New Acquisitions

Quality Assets & Services
- Existing Assets

Business Ethics

Responsible Supply Chain Management

Embracing Innovation & Technology

Cybersecurity

ENVIRONMENTAL

Resource Management

Energy & Carbon Footprint

Waste Management

Water Management

SOCIAL

Occupational Health & Safety

Talent Development

Employee Wellness & Engagement

Community Activity & Partnership