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Axis-REIT Posts RM99.5 Million 1H Net Income and Expands into Kedah

Petaling Jaya, 30 July 2026 – Axis Real Estate Investment Trust recorded RM99.5 million in net trust income for the first half of 2026 while advancing its industrial-property expansion with a proposed RM113 million acquisition in Padang Meha, Kedah.

Total trust income reached RM179.4 million for the six months ended 30 June, while net trust income increased 3.5% year on year. The growth reflected continued contributions from Axis-REIT’s diversified portfolio of industrial and logistics properties, supported by operating efficiencies.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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