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Axis REIT 3Q income jumps 12.5%, declares 2.45 sen DPU

Axis Real Estate Investment Trust’s (REIT) net property income (NPI) in the third quarter ended Sept 30, 2022 (3QFY22), climbed 12.54% to RM61.49 million from RM54.64 million a year earlier, on the back of rental income from newly-acquired properties.

DONE DEAL: Serviced residence, Bangsar, Kuala Lumpur

Noteworthy:

  • Freehold
  • Built up: 980 sq ft
  • 2 bedrooms, 2 bathrooms 
  • Serviced residences
  • Fully furnished
  • Nearby amenities: Hotels, convenience stores, Bangsar Village,   Bangsar Shopping Complex, Mid Valley City, KL Sentral, Bangsar LRT Station
  • Accessibility : New Pantai Expressway (NPE), Federal Highway, Kuala Lumpur Middle Ring Road 1 (MRR1) 

When: May 2022