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Article: Axis-REIT records RM40.97m revenue
- Article from:
- New Straits Times
- Article date:
- January 31, 2007
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New Straits Times
01-31-2007
Axis-REIT records RM40.97m revenue
Edition: Main/Lifestyle
Section: Business Times
Type: Company
AXIS Real Estate Investment Trust (Axis-REIT) recorded RM40.97 million gross revenue and RM33.13 million net rental income for the financial year ended December 31 2006.
During the year, Axis-REIT registered RM33.17 million total trust income and RM26.67 million net trust income.
Axis REIT Managers Bhd (ARMB), the manager of Axis-Reit, said the trust recorded RM10.8 million gross revenue, RM8.91 million net rental income and RM6.7 million net trust income (realised) during the unaudited fourth quarter ended December 31 2006.
ARMB declared RM26.4 million or 98.8 per ...