the sun malaysia ipaper logo 150x150
Thursday, January 29, 2026
22.4 C
Malaysia
the sun malaysia ipaper logo 150x150
spot_img

Axis-REIT posts strong FY25 with 34% net income growth, higher DPU

PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) achieved a total trust income of RM91.3 million for Q4 ended December 31, 2025 (FY25), marking a 4.0%
increase compared to RM87.8 million recorded in the same quarter last year.

Net income rose substantially by 47.1% year-on-year to RM133.9 million, supported by resilient net property income as well as an RM86.3 million fair value gain on investment properties.

For FY25, Axis-REIT’s total trust income expanded 13.8% to RM364.2 million, up from
RM320.1 million a year ago, driven by higher rental income contributions from its portfolio.

Correspondingly, net income surged 34.3% year-on-year to RM282.1 million, reflecting a higher income and disciplined cost management.

Axis REIT Managers Bhd, the management company of Axis-REIT, has proposed distributing 99% of the realised income from operations for Q4FY2025 as its final income distribution.

This final income distribution per unit (DPU) of 2.75 sen comprises a non-taxable portion of 1.41 sen from capital allowances, industrial building allowances, tax-exempt profit income, and the final partial distribution of net gain on the disposal of The Annex.

This brings the total DPU for FY25 to 10.55 sen, representing a 13.8% increase from the 9.27 sen declared in the previous year.

Commenting on the results, Axis REIT Managers CEO and executive director Leong Kit May said the company’s FY25 results demonstrate 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 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.

“In 2025, we successfully 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.

“Most recently, we completed the acquisition of an industrial property within Kawasan Industri Bandar Sultan Suleiman, Port Klang, on January 27, 2026,
bringing our total portfolio to 70 properties,” she said.

Related

spot_img

Latest

FSBM MD Pang Kiew Kun steps down after delivering PN17 turnaround

During his tenure, Pang repositioned FSBM from a traditional technology services provider into a smart manufacturing and AI-driven solutions company, with a focus on supporting Malaysian manufacturers and SMEs in Industry 4.0 adoption.

Malton, Dongguan Benling Vehicle Technology sign MoU to study EV motorcycle assembly in Malaysia

Property developer Malton Bhd is exploring diversification into sustainable transportation through a new collaboration with Chinese electric motorcycle manufacturer Benling Vehicle, as both parties assess the viability of setting up a local assembly hub to serve Malaysia and the wider Asean market.

DXN’s underlying growth stays strong despite currency headwinds

Excluding currency translation effects, the group recorded a strong normalised year-on-year growth of 14.5%, underpinned by robust local-currency demand across Latin America, India and the Middle East. While EBITDA and net profit moderated due to higher aircraft leasing costs and the absence of prior-year one-off gains, DXN maintained solid cash generation, declared dividends with a 59.5% payout ratio, and continued advancing its vertically integrated expansion strategy across Latin America to support long-term growth and supply chain resilience.

DHL Supply Chain expands operations in Senai Airport City to support growing demand in industrial, logistics ecosystem

DHL Supply Chain Malaysia has commenced operations at its new Malaysia South Region Hub 2 in Senai Airport City, marking its second major logistics investment in Johor. The 18,660-square-metre facility, completed within a year, is fully occupied by key investors and strengthens DHL’s capacity to support advanced manufacturing and technology-driven supply chains in the region, while reinforcing Senai Airport City’s growing integrated industrial and logistics ecosystem.

Asian Financial Forum concludes successfully in Hong Kong, gathering over 4,000 global business leaders and officials

HONG KONG SAR - Media OutReach Newswire - 28 January 2026 - The Asian Financial Forum (AFF), Asia's flagship annual financial event, successfully wrapped up its 19th edition yesterday (January 27), following two days of high-powered discussions and intelligence sharing involving more than 4,000 business leaders and officials from over 60 countries and regions.

Most Viewed

IET’s First International Conference on Digital Twins and Applications Concludes at Hong Kong PolyU, Highlighting the Transformative Power of Digital Twin Technology

HONG KONG SAR - Media OutReach Newswire - 28 January 2026 - The Institution of Engineering and Technology (IET)'s first International Conference on Digital Twins and Applications (DTA APAC 2026) was held from 10–12 January 2026 at The Hong Kong Polytechnic University (PolyU).

Oceania demand lifts PGF Capital’s Q3 revenue despite forex headwinds

The insulation segment continued to contribute over 99% of group revenue in 9M FY26, supported by operational efficiencies and resilient demand across Australia and New Zealand, keeping profit before tax broadly stable year-on-year.
spot_img

Popular Categories