Axis REIT 2020 Integrated Report
Company: Axis REIT
Sector: Real estate
Country: Malaysia
Year: 2020
Type: Integrated Report
Pages: 161
The report covers the company's FYE2020 performance amid COVID-19, highlighting five acquisitions that brought Axis-REIT to 53 properties valued at RM3.3 billion. Revenue increased 4.4% to RM232.2 million, while portfolio occupancy remained 91%. The company incorporated ESG considerations into acquisition due diligence, including its first Environmental Site Assessment, and reported lower energy and water consumption. It also reported no fatalities, LTIs, or compliance breaches.
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