Axis Real Estate Investment Trust · MYX:AXREIT

Axis Real Estate Investment Trust — Q3 2025 Earnings Presentation

40 slides from Axis Real Estate Investment Trust's earnings presentation, Oct 23, 2025

Slide 1: Axis Real Estate Investment Trust Results Presentation 3Q2025
AXIS REAL ESTATE INVESTMENT TRUST Results Presentation 3Q2025 23 OCTOBER 2025
Slide 2: Table of Contents
TABLE OF CONTENTS 01 YTD 3Q2025 AT A GLANCE 02 YTD 3Q2025 HIGHLIGHTS 03 ESG SUSTAINABILITY HIGHLIGHTS 04 OUR PORTFOLIO 05 INVESTMENT OVERVIEW 06 FINANCIAL OVERVIEW 07 STOCK INFORMATION Copyright © 2025 AXIS -REIT | All rights reserved. 2
Slide 4: At a Glance
AT A GLANCE AS AT 30 SEPTEMBER 2025 68 properties on portfolio 56 properties RM5.23 billion with 100% occupancy Total Assets Under Management 15.11 million sq. ft. Portfolio Occupancy of 97% RM4.14 billion Space Under Management with a WALE of 4.5 years Market Capitalisation 33% 7.80 sen Nationwide
Slide 6: YTD 3Q2025 Highlights
YTD 3Q2025 HIGHLIGHTS ➢ Completed the Income Distribution Reinvestment Plan in conjunction with the payment of 2024 final income distribution on 26 March 2025. ➢ Completion of disposal of The Annex on 30 April 2025 for RM24.2 million, resulting in a net gain of RM8.8 million . ➢ Launched our rated S
Slide 7: YTD 3Q2025 Highlights
YTD 3Q2025 HIGHLIGHTS ➢ Signed the Sale and Purchase Agreement to acquire a warehouse facility located in Telok Gong, Port Klang for the proposed purchase consideration of RM80.0 million on 1 August 2025. ➢ Signed the Sale and Purchase Agreement to acquire an industrial property located in Kawasan I
Slide 9: ESG Sustainability Highlights: Environmental
ESG SUSTAINABILITY HIGHLIGHTS ENVIRONMENTAL ✓ Efficient Energy Management o Energy, water and waste management On-going management of energy, water and waste targets o Solar Power Initiative Leasing roof space for solar panel installations o EV Charging Stations Installation at selected properties o
Slide 10: ESG Sustainability Highlights: Social and Governance
ESG SUSTAINABILITY HIGHLIGHTS SOCIAL o Organised blood donation with Pusat Darah Negara o Funding physiotherapy and speech therapy for children with disabilities o Roof replacement of design & technology workshop at SK Convent Sentul o Sponsorship of charity events (Orphan Care & Yayasan WWRC) GOVER
Slide 12: Our Portfolio
OUR PORTFOLIO AS AT 30 SEPTEMBER 2025 As at 30 September 2025, the portfolio has 68 assets comprising 15,107,570 sq. ft. and 182 tenants . YTD 3Q2025 No. of Properties 68 Realised Property Income (RM’ 000) 271,505 Property Expenses (RM’ 000) 36,490 Realised Net Property Income (RM’ 000) 235,015 Occu
Slide 13: Space Under Management
OUR PORTFOLIO AS AT 30 SEPTEMBER 2025 Space Under Management ( ‘000 sq ft) 16,000 15,108 15,155 15,108 14,000 13,351 12,726 12,000 11,375 10,479 10,000 9,349 9,538 (‘000 sq ft) 8,088 8,000 7,607 6,859 7,015 6,000 5,464 5,464 4,288 4,450 4,000 3,680 2,858 2,176 2,000 1,657 1,187 0 2005 2006 2007 2008
Slide 14: Established Nationwide Footprint
OUR PORTFOLIO ESTABLISHED NATIONWIDE FOOTPRINT properties in prime industrial areas 68 Future growth focus expansion in key Strategic diversification is aimed at across Klang Valley, Johor, Penang, industrial hubs located in Selangor, capturing the rapid growth of current Pahang, Negeri Sembilan and
Slide 15: Portfolio Diversification (on NLA)
OUR PORTFOLIO PORTFOLIO DIVERSIFICATION (ON NLA) 12% 13% 3% Office / 27% Services Office Industrial Multi Tenants 28% 3% Manufacturing Hypermarket Facilities 16% Consumer Products 41% BY INDUSTRY BY ASSET TYPE BY OCCUPANCY Logistics SECTOR TYPE 30% 54% 73% Manufacturing Logistics Warehouse Single Te
Slide 16: Properties with Occupancy Below 90%
OUR PORTFOLIO PROPERTIES WITH OCCUPANCY BELOW 90% AS AT 30 SEPTEMBER 2025 Axis Shah Alam Distribution Centre 3 87% Fonterra HQ 85% Axis Business Park 82% Wisma Academy Parcel 82% Wisma Kemajuan 73% Axis Industrial Facility 1 @ Shah Alam 71% Axis Business Campus 69% Menara Axis 54% Seberang Prai Logi
Slide 17: Lease Expiry by Location and Type
OUR PORTFOLIO LEASE EXPIRY BY LOCATION AND TYPE YEAR 2025 2024 2026 2027 Lease Expiry by Due for % of % of Rental Due for % of % of Rental Due for % of % of Rental Location Renewal (sq. ft.) Total NLA Income/month Renewal (sq. ft.) Total NLA Income/month Renewal (sq. ft.) Total NLA Income/month Peta
Slide 19: On-going Acquisition: Storage Yard in Bukit Raja, Klang
INVESTMENT OVERVIEW ON-GOING ACQUISITION STORAGE YARD IN BUKIT RAJA, KLANG Target Completion Date : Vacant Possession Delivery Date – end 2025, Completion – end 2026 Net Lettable Area : Not applicable (property utilized as storage yard) Land Area : Approx. 7.13 acres Land Tenure: Leasehold Occupancy
Slide 20: Completed and On-going Acquisition Within the Same Area
INVESTMENT OVERVIEW COMPLETED AND ON-GOING ACQUISITION WITHIN THE SAME AREA AXIS FACILITY 1, 2, 3 AND STORAGE YARD IN BUKIT RAJA, KLANG (CONT’D) On -going acquisition Aerial view of Properties and its vicinity, Source: Google Maps) Copyright © 2025 AXIS -REIT | All rights reserved. 20
Slide 21: On-going Acquisition: Port Klang Properties
INVESTMENT OVERVIEW ON-GOING ACQUISITION INDUSTRIAL PROPERTY IN KAWASAN INDUSTRI WAREHOUSE FACILITY IN TELOK GONG, PORT KLANG BANDAR SULTAN SULEIMAN, PORT KLANG Target Completion Date : 1Q2026 Target Completion Date : 4Q2026 Gross Floor Area : 240,641 sq. ft Net Lettable Area : 259,310 sq. ft. Land
Slide 22: Acquisition Strategy and Targets
INVESTMENT OVERVIEW The Manager continues to aggressively source and evaluate potential acquisition targets that are deemed investable by Axis - REIT. The selection of properties continue to focus on below: ✓ Grade A logistics facilities and manufacturing facilities with long leases from tenants wit
Slide 24: Financial Overview As at September 2025
FINANCIAL OVERVIEW AS AT 30 SEPTEMBER 2025 Total Assets Under Management Net Asset Value Per Unit RM5.23 billion RM1.65 Total Financing Financing Ratio RM1.72 billion 33% Total Unitholder’s Funds Distribution Per Unit RM3.3 billion 1Q2025: 2.50sen 2Q2025: 2.65 sen 3Q2025: 2.65 sen Copyright © 2025 A
Slide 25: 5-Year Results Performance
FINANCIAL OVERVIEW 5-YEAR RESULTS PERFORMANCE REVENUE (RM’000)* NET PROPERTY INCOME (RM’000)* 350,000 319,034 318,480 300,000 273,497 272,943 281,723 281,090 285,401 284,498 242,595 241,962 242,424 241,521 300,000 271,540 271,505 250,000 235,050 235,015 242,747 241,605 209,433 208,291 250,000 200,00
Slide 26: Income Statement 3Q2025 vs 3Q2024
FINANCIAL OVERVIEW INCOME STATEMENT 3Q2025 vs 3Q2024 3Q2025 3Q2024 Changes / (RM’000) (RM’000) Movement No. of Properties 68 67 +1 Property Income 92,122 80,017 +15.1% Property Income - Property income before lease incentive adjustment 92,379 80,365 +14.9% - Lease incentive adjustment (non -distribu
Slide 27: Income Statement YTD 3Q2025 vs YTD 3Q2024
FINANCIAL OVERVIEW INCOME STATEMENT YTD 3Q2025 vs YTD 3Q2024 YTD 3Q2025 YTD 3Q2024 Changes / (RM’000) (RM’000) Movement No. of Properties 68 67 +1 Property Income – Note 1 271,505 231,555 +17.3% Property Income - Property income before lease incentive adjustment 271,540 231,607 +17.2% - Lease incent
Slide 28: Income Statement Notes
FINANCIAL OVERVIEW INCOME STATEMENT YTD 3Q2025 vs YTD 3Q2024 Note 1 – Property Income Property income is higher as compared to preceding year corresponding period mainly due to : ▪ Rental contribution from newly acquired properties; ▪ Achieved 100% occupancy for Axis Mega Distribution Centre (Phase
Slide 29: Net Gain on Disposal of The Annex
FINANCIAL OVERVIEW INCOME STATEMENT YTD 3Q2025 vs YTD 3Q2024 Note 3a –Net gain on disposal of The Annex The disposal of The Annex has resulted in a total realised gain of RM8.825 million (net of RPGT). The gain on disposal translates to an additional income distribution of 0.43 sen per unit. To ensu
Slide 30: Income Statement Notes
FINANCIAL OVERVIEW INCOME STATEMENT YTD 3Q2025 vs YTD 3Q2024 Note 4 – Non -Property Expenses Higher non -property expenses mainly due to higher manager and trustee fees in line with the increased NAV of the fund after the latest placement exercise and revaluation gains in 2024. Note 5 – Islamic Fina
Slide 31: Portfolio Yield by Asset Types
FINANCIAL OVERVIEW PORTFOLIO YIELD BY ASSET TYPES Asset Type Net Yield (%) Gross Yield (%) Office 6.3 9.4 Office Industrial 7.5 10.0 Logistics Warehouse 7.9 8.7 Manufacturing Facilities 8.1 9.0 Hypermarket 8.8 9.4 Average 7.8 9.1 Copyright © 2025 AXIS -REIT | All rights reserved. 31
Slide 32: Financial Position
FINANCIAL OVERVIEW FINANCIAL POSITION 30/9/25 (RM’000) 31/12/24 (RM’000) Changes (RM’000) Investment Properties – Note 1 5,109,845 5,090,820 +19,025 Fixed Assets 1,199 1,112 +87 Asset Classified as Held for Sale - 23,000 -23,000 Other Assets – Note 2 118,961 143,626 -24,665 TOTAL ASSETS 5,230,005 5,
Slide 33: Notes - Financial Position
FINANCIAL OVERVIEW NOTES - FINANCIAL POSITION Note 1 – Investment Properties During the financial period, a total of approximately RM19 million was spent on enhancement of existing properties, of which RM6.6 million was incurred for extension of leasehold period of the property. Note 2 – Other Asset
Slide 34: 5-Year Financing Profile
FINANCIAL OVERVIEW 5-YEAR FINANCING PROFILE 2021 2022 2023 2024 1H2025 YTD 3Q2025 Total Financing (RM’000) 1,184,593 1,546,020 1,554,974 1,750,444 1,703,694 1,723,394 Total Assets (RM’000) 3,838,760 4,255,673 4,522,893 5,258,558 5,214,137 5,230,005 Financing Ratio 30.86% 36.33% 34.38% 33.29% 32.67%
Slide 35: Financing Ratio
FINANCIAL OVERVIEW FINANCING RATIO Placement Undertaken 50% 45% 40% 40% 39% 38% 37% 36% 36% 36% 36% 36% 35% 35% 34% 33% 33% 33% 33% 33% 33% 33% 33% 33% 31% 31% 30% 30% 29% 29% 27% 27% 25% 24% 20% 15% 10% 5% 0% Copyright © 2025 AXIS -REIT | All rights reserved. 35
Slide 36: Unitholder's Capital
FINANCIAL OVERVIEW UNITHOLDER’S CAPITAL (RM’000) 6,000 5,259 5,209 5,214 5,230 5,000 4,523 4,256 4,000 3,839 3,364 3,086 3,000 2,840 2,550 2,574 2,591 2,591 2,591 2,244 2,086 2,142 2,129 1,934 1,946 2,000 1,589 1,617 1,584 1,596 1,209 1,298 1,240 1,247 1,045 1,052 1,060 908 1,000 726 728 735 751 582
Slide 38: Top Unitholders
STOCK INFORMATION TOP 10 UNITHOLDER’S * NAME OF UNITHOLDER % 1 EMPLOYEES PROVIDENT FUND 7.78% 2 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 6.79% 3 LEMBAGA TABUNG HAJI 5.20% 4 EMPLOYEES PROVIDENT FUND BOARD (ISLAMIC) 4.78% 5 PUBLIC ITTIKAL SEQUEL FUND 4.23% 6 EMPLOYEES PROVIDENT FUND BOARD (ASIANISLAMIC
Slide 39: Number of CDS Accounts
STOCK INFORMATION NO. OF CDS ACCOUNTS 14,000 12,227 12,247 12,460 12,079 12,000 10,521 10,000 8,000 6,776 5,715 6,000 4,184 4,585 3,611 3,891 4,000 3,009 3,176 2,000 - 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 3Q2025 UNITS HELD 3Q2025 UNITS HELD 2Q2025 MOVEMENT Total no. of unithol

Axis Real Estate Investment Trust — Q3 2025 Earnings Presentation on 6ix

Axis Real Estate Investment Trust — Q3 2025 Earnings Presentation

Slide 1: Axis Real Estate Investment Trust Results Presentation 3Q2025

Slide 2: Table of Contents

Slide 3: YTD 3Q2025 At a Glance

Slide 4: At a Glance

Slide 5: YTD 3Q2025 Highlights

Slide 6: YTD 3Q2025 Highlights

Slide 7: YTD 3Q2025 Highlights

Slide 8: ESG Sustainability Highlights

Slide 9: ESG Sustainability Highlights: Environmental

Slide 10: ESG Sustainability Highlights: Social and Governance

Slide 11: Our Portfolio

Slide 12: Our Portfolio

Slide 13: Space Under Management

Slide 14: Established Nationwide Footprint

Slide 15: Portfolio Diversification (on NLA)

Slide 16: Properties with Occupancy Below 90%

Slide 17: Lease Expiry by Location and Type

Slide 18: Investment Overview

Slide 19: On-going Acquisition: Storage Yard in Bukit Raja, Klang

Slide 20: Completed and On-going Acquisition Within the Same Area

Slide 21: On-going Acquisition: Port Klang Properties

Slide 22: Acquisition Strategy and Targets

Slide 23: Financial Overview

Slide 24: Financial Overview As at September 2025

Slide 25: 5-Year Results Performance

Slide 26: Income Statement 3Q2025 vs 3Q2024

Slide 27: Income Statement YTD 3Q2025 vs YTD 3Q2024

Slide 28: Income Statement Notes

Slide 29: Net Gain on Disposal of The Annex

Slide 30: Income Statement Notes

Slide 31: Portfolio Yield by Asset Types

Slide 32: Financial Position

Slide 33: Notes - Financial Position

Slide 34: 5-Year Financing Profile

Slide 35: Financing Ratio

Slide 36: Unitholder's Capital

Slide 37: Stock Information

Slide 38: Top Unitholders

Slide 39: Number of CDS Accounts

Slide 40: Thank You