Petaling Jaya, 28 January 2026 – Axis Real Estate Investment Trust (Axis-REIT) posted a strong set of results for the fourth quarter ended 31 December 2025, underpinned by resilient property income and valuation gains, as the industrial-focused REIT continues to benefit from robust demand across Malaysia’s key logistics and manufacturing corridors.
For Q4FY2025, Axis-REIT recorded total trust income of RM91.3 million, representing a 4.0% year-on-year increase from RM87.8 million in the same quarter last year. Net income surged 47.1% year-on-year to RM133.9 million, driven by stable net property income and a fair value gain of RM86.3 million on its investment properties.
On a full-year basis, Axis-REIT delivered an equally solid performance. FY2025 total trust income rose 13.8% to RM364.2 million, compared with RM320.1 million a year earlier, supported by higher rental contributions across its diversified industrial portfolio. Net income climbed 34.3% year-on-year to RM282.1 million, reflecting stronger operating income and disciplined cost management.
In line with its distribution policy, Axis REIT Managers Berhad has proposed to distribute 99% of realised income from operations in Q4FY2025. The final income distribution per unit (DPU) of 2.75 sen comprises a non-taxable portion of 1.41 sen, derived from capital allowances, industrial building allowances, tax-exempt profit income, as well as the final partial distribution from the disposal of The Annex.
This brings total DPU for FY2025 to 10.55 sen, marking a 13.8% increase from the 9.27 sen declared in the previous financial year, reinforcing Axis-REIT’s appeal as a stable income-generating vehicle amid a volatile market backdrop.
Commenting on the performance, Axis REIT Managers Berhad Chief Executive Officer and Executive Director Leong Kit May said the results underscore the resilience of the REIT’s portfolio, supported by high occupancy rates, stable rental income and prudent asset management.
She added that Malaysia’s major industrial corridors, Klang Valley, Penang and Johor, continue to attract multinational tenants seeking cost-efficient logistics and manufacturing hubs, positioning Axis-REIT well to capture sustainable long-term growth.
During FY2025, Axis-REIT executed three sale and purchase agreements and entered into a conditional letter of offer to acquire several strategically located industrial assets. Most recently, the REIT completed the acquisition of an industrial property at Kawasan Industri Bandar Sultan Suleiman, Port Klang, on 27 January 2026, expanding its portfolio to 70 properties.
Looking ahead, management said Axis-REIT remains focused on selectively expanding its industrial footprint while maintaining income stability and long-term value creation for unitholders.
