Axis of Avoiding Evil

Axis REIT believes that their status as a syariah compliant investment does not restrict their economic potential. Sukuk funding costs are comparable to conventional funding and readily available. Compliant assets are in abundance. In the scheme of things, this will be reflected in long term DPU (dividend per unit) growth which had been for 2014 lower than the likes of KLCC Stapled Reit, IGB Reit etc.Given the challenges in economic conditions, it is also going to be interesting how the focus on industrial and logistics will pan out growth-wise. In this vein, watch out for rental revisions for the over 40% of tenancy coming up for renewal over the next 2 years.See omnystudio.com/listener for privacy information.