Axis REIT is the first Islamic business space and industrial REIT to be listed on Bursa Malaysia. As at 30 June 2018, Axis REIT has a portfolio of 42 properties worth RM2.66 billion. In this article, I’ll cover Axis REIT’s results for the last 10 years and discuss its plans for growth in the near-future.

Here are 12 things to know about Axis REIT before you invest:

Group financials

1. Axis REIT \expanded its portfolio size by a compound annual growth rate (CAGR) of 14.91% for the past 10 years — from 19 properties worth RM730 million in 2008 to 40 properties worth RM2.55 billion in 2017. The REIT acquired two more properties in 2018 increasing its total number of properties to 42 and portfolio size to RM2.66 billion presently.

Source: Axis REIT Q2 2018 and annual reports

2. Group revenues grew from RM63.3 million ...