Stewart LaBrooy

Analysts, players say M’sian REITs provide good returns and are still growing

According to leaders in the area of real estate investment, Malaysian real estate investment trusts show a positive developmen this year. The strong returns which Axis REIT Managers Bhd provided over the past year include Al-Hadharah Boustead REIT, Al-Aqar Healthcare REIT, Pavilion REIT, CapitaMalls Malaysia Trust, Axis REIT, Starhill REIT and Tower REIT. A further positive development is expected.

Axis REIT considers Islamic financing

The Star Malaysia reported on January 24 that AXIS Real Estate Investment Trust (REIT) is looking at various options to raise capital, including Islamic financing, to buy more properties. The REIT became Sharia compliant last December.

CEO is Stewart LaBrooy.

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