REIT AsiaPac

Sign up for our newsletter

Axis REIT Announced A 2.35 Sen (US$0.0056) Distribution Per Unit In 3Q

Axis REIT Announced A 2.35 Sen (US$0.0056) Distribution Per Unit In 3Q

Axis REIT announced that its distribution per unit (DPU) hit 2.35 sen in 3Q, almost unchanged from the previous quarter’s 2.36 sen.

The REIT also reported that 35 of its 47 properties had a 100% occupancy in 3Q. Total assets under management is at RM 3 billion and its market capitalization is at RM 2.29 billlion.

Read more…