Axis Real Estate Investment Trust · MYX:AXREIT
Axis Real Estate Investment Trust — Q2 2026 Earnings Presentation
40 slides from Axis Real Estate Investment Trust's earnings presentation, Jul 30, 2026
Slide 1: Axis Real Estate Investment Trust Results Presentation 2Q2026
AXIS REAL ESTATE INVESTMENT TRUST Results Presentation 2Q2026 30 July 2026
Slide 2: Table of Content
TABLE OF CONTENT 01 1H2026 AT A GLANCE 04 INVESTMENT OVERVIEW 02 HIGHLIGHTS 05 FINANCIAL OVERVIEW 03 OUR PORTFOLIO 06 STOCK INFORMATION
Slide 3: 1H2026 at a Glance
REAL ESTATE INVESTMENT TRUST 1H2026 AT A GLANCE
Slide 4: 1H2026 at a Glance
1H2026 AT A GLANCE AS AT 30 JUNE 2026 70 properties on portfolio 57 properties RM5.42 billion with 100% occupancy Total Assets Under Management 15.3 million sq. ft. Portfolio Occupancy of 93% RM4.13 billion Space Under Management with a WALE of 4.2 years Market Capitalisation 33% 4.80 sen Nationwide
Slide 5: Highlights
REAL ESTATE INVESTMENT TRUST HIGHLIGHTS
Slide 6: Highlights
HIGHLIGHTS ➢ Successfully redeemed the third Sukuk using proceeds from a rated RM240.0 million Senior Sukuk with a 7-year tenor at a 3.95% coupon on 5 January 2026, securing lower financing costs and strengthening long -term funding . ➢ Completed acquisition of Axis Industrial Facility 1 @ Northport
Slide 7: ESG Sustainability Highlights
ESG SUSTAINABILITY HIGHLIGHTS
Slide 8: ESG Sustainability Highlights
ESG SUSTAINABILITY HIGHLIGHTS ENVIRONMENT SOCIAL ✓ Efficient Energy Management o Organised blood donation with Pusat Darah Negara o Energy, water and waste management o Funding physiotherapy and speech therapy for children with disabilities On-going management of energy, water and waste targets o Co
Slide 9: Our Portfolio
REAL ESTATE INVESTMENT TRUST OUR PORTFOLIO
Slide 10: Our Portfolio
OUR PORTFOLIO AS AT 30 JUNE 2026 Our portfolio has 70 properties comprising 15.3 million sq. ft. and 183 tenants . 1H2026 No. of Properties 70 Realised Property Income (RM’000) 177,874 Property Expenses (RM’ 000) 25,708 Realised Net Property Income (RM’000) 152,166 Occupancy 93% PORTFOLIO EFFICIENCY
Slide 11: Space Under Management
OUR PORTFOLIO AS AT 30 JUNE 2026 Space Under Management (‘000 sq ft) 18,000 15,310 16,000 15,155 15,093 15,316 14,000 13,351 12,726 12,000 11,375 10,479 (‘000 sq ft) 10,000 9,349 9,538 8,088 8,000 7,607 6,859 7,015 6,000 5,464 5,464 4,288 4,450 3,680 4,000 2,858 2,176 1,657 2,000 1,187 0 2005 2006 2
Slide 12: Established Nationwide Footprint
OUR PORTFOLIO ESTABLISHED NATIONWIDE FOOTPRINT properties in prime industrial areas 70 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 13: Portfolio Diversification (on NLA)
OUR PORTFOLIO PORTFOLIO DIVERSIFICATION (ON NLA) 12% 13% Office / 31% Services 3% Industrial Multi Tenants Office 3% 17% Hypermarket Consumer Products 39% BY INDUSTRY BY OCCUPANCY 29% BY ASSET TYPE Logistics SECTOR Manufacturing TYPE Facilities 31% 53% 69% Manufacturing Logistics Warehouse Single Te
Slide 14: Properties with Occupancy Below 90%
OUR PORTFOLIO PROPERTIES WITH OCCUPANCY BELOW 90% AS AT 30 JUNE 2026 Axis Business Park 89% Fonterra HQ 85% Axis Business Campus 85% Axis Industrial Facility 1 @ Shah Alam 71% Menara Axis 60% Bukit Raja Distribution Centre 58% Axis Shah Alam Distribution Centre 3 49% Axis Industrial Facility 1 @ Nor
Slide 15: Lease Expiry by Location and Type
OUR PORTFOLIO LEASE EXPIRY BY LOCATION AND TYPE YEAR 2026 2027 2028 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 Selangor
Slide 16: Investment Overview
REAL ESTATE INVESTMENT TRUST INVESTMENT OVERVIEW
Slide 17: On-going Acquisitions
INVESTMENT OVERVIEW ON-GOING ACQUISITIONS 1 Warehouse Facility in Telok Gong, Port Klang Expected Completion Date 4Q 2026 Net Lettable Area 259,310 sq. ft. Land Area Approx . 10.19 acres Land Tenure Leasehold Occupancy 100% Purchase Price RM80.0 mil WALE at Acquisition 6 years 2 Industrial Facility
Slide 18: On-going Acquisitions
INVESTMENT OVERVIEW ON-GOING ACQUISITIONS 3 Industrial Facility in Section 16, Shah Alam Expected Completion Date 2H 2026 Net Lettable Area 120,177 sq. ft. Land Area Approx . 3.03 acres Land Tenure Leasehold Occupancy 100% Purchase Price RM38.0 mil WALE at Acquisition 2.6 years (upon signing of SPA)
Slide 19: On-going Acquisitions
INVESTMENT OVERVIEW ON-GOING ACQUISITIONS 5 Industrial Complex in Padang Meha, Kedah Expected Completion Date 1Q 2027 Net Lettable Area 340,047 sq. ft. Land Area Approx . 13.28 acres Land Tenure Freehold Occupancy 100% Purchase Price RM113.0 mil WALE at Acquisition 6 years Copyright © 2026 AXIS-REIT
Slide 20: Completed Acquisition
INVESTMENT OVERVIEW COMPLETED ACQUISITION 1 Axis Industrial Facility 1 @ Northport Completion Date 27 January 2026 Gross Floor Area 240,641 sq. ft. Land Area Approx . 9.0 acres Land Tenure Leasehold The property is currently unoccupied and the Fund is in Occupancy the midst of refurbishment and iden
Slide 21: On-going Developments: Pasir Gudang Logistics Warehouse 2
INVESTMENT OVERVIEW ON-GOING DEVELOPMENTS 1 Pasir Gudang Logistics Warehouse 2 (Development on vacant land of 3.2 acres) Proposed Before After – Development 3.2ac. Artist Impression Only Expected Completion Date End 2026 Original Net Lettable Area 262,348 sq. ft. Additional Area Approx . 74,000 sq.
Slide 22: On-going Developments: Axis Facility @ Bukit Raja
INVESTMENT OVERVIEW ON-GOING DEVELOPMENTS 2 Axis Facility 4 @ Bukit Raja Before After – Artist Impression Only Expected Completion Date 1H 2027 Gross Floor Area Approx . 180,000 sq. ft. Land Area Approx . 7.13 acres Land Tenure Leasehold Asset Type Manufacturing Development Cost Approx . RM40.0 mil
Slide 23: Investment Overview: Acquisition 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
REAL ESTATE INVESTMENT TRUST FINANCIAL OVERVIEW
Slide 25: Financial Overview
FINANCIAL OVERVIEW AS AT 30 JUNE 2026 Total Assets Under Management Net Asset Value Per Unit RM5.42 billion RM1.69 Total Financing Financing Ratio RM1.8 billion 33% Total Unitholder’s Funds Distribution Per Unit RM3.42 billion 1Q2026: 2.50 sen 2Q2026: 2.30 sen Copyright © 2026 AXIS-REIT | All rights
Slide 26: 5-Year Results Performance
FINANCIAL OVERVIEW 5-YEAR RESULTS PERFORMANCE REVENUE (RM’MIL)* NET PROPERTY INCOME (RM’ MIL)* Actual After lease incentive adjustment Actual After lease incentive adjustment 400.0 362.0 361.6 350.0 313.3 312.8 350.0 319.0 318.5 300.0 273.5 272.9 281.7 281.1 285.4 284.5 242.6 242.0 242.4 241.5 300.0
Slide 27: Income Statement 2Q2026 vs 2Q2025
FINANCIAL OVERVIEW INCOME STATEMENT 2Q2026 vs 2Q2025 2Q2026 2Q2025 Changes / (RM’000) (RM’000) Movement No. of Properties 70 68 +2 Property Income 88,407 89,902 Property income before lease incentive adjustment 87,937 89,616 -1.9% - Lease incentive adjustment (non-distributable) 470 286 Property Exp
Slide 28: Income Statement 1H2026 vs 1H2025
FINANCIAL OVERVIEW INCOME STATEMENT 1H2026 vs 1H2025 1H2026 1H2025 Changes / (RM’000) (RM’000) Movement No. of Properties 70 68 +2 Property Income 177,874 179,383 Property income before lease incentive adjustment – Note 1 177,966 179,161 -0.7% - Lease incentive adjustment (non-distributable) (92) 22
Slide 29: Income Statement 1H2026 vs 1H2025 Notes
FINANCIAL OVERVIEW INCOME STATEMENT 1H2026 vs 1H2025 Note 1 – Property Income 1H2026 property income (before lease incentive adjustment) was lower than 1H2025 mainly due to : • Lease expiry at Bukit Raja Distribution Centre in 4Q2025. New tenancies have been secured progressively from 1Q2026. • Expi
Slide 30: Income Statement 1H2026 vs 1H2025 Notes
FINANCIAL OVERVIEW INCOME STATEMENT 1H2026 vs 1H2025 Note 4 – Islamic Financing Cost Lower financing costs mainly due to interest savings from the redemption of the Third Sukuk Issue, which carried a higher coupon rate, using the proceeds from the issuance of the Second Senior Sukuk at a lower coupo
Slide 31: Portfolio Yield by Asset Types
FINANCIAL OVERVIEW PORTFOLIO YIELD BY ASSET TYPES Asset Type Net Yield (%) Gross Yield (%) Portfolio Yield Office 7.1 9.8 Office / Industrial 7.2 9.6 9.2% Average Gross Yield (%) Logistics Warehouse 7.6 8.7 Manufacturing Facilities 8.2 9.1 7.9% Average Net Yield (%) Hypermarket 9.2 9.7 Copyright © 2
Slide 32: Financial Position
FINANCIAL OVERVIEW FINANCIAL POSITION 30/6/26 (RM’000) 31/12/25 (RM’000) Changes (RM’000) Investment Properties – Note 1 5,292,524 5,237,020 +55,504 Fixed Assets 1,119 1,149 -30 Other Assets 122,647 118,124 +4,523 TOTAL ASSETS 5,416,290 5,356,293 +59,997 Financing 1,803,387 1,733,536 +69,851 Other P
Slide 33: Financial Position: Investment Properties Note
FINANCIAL OVERVIEW FINANCIAL POSITION Note 1 – Investment Properties During the period, a total of RM4.8 million was spent on capital expenditure as below : •RM3.6 million for enhancement of existing properties, •RM1.2 million for the ongoing development projects Acquisition of RM50.0 million for Ax
Slide 34: Financing Profile
FINANCIAL OVERVIEW 5 YEAR FINANCING PROFILE 2022 2023 2024 2025 1H2026 Total Financing (RM’000) 1,546,020 1,554,974 1,750,444 1,733,536 1,803,387 Total Assets (RM’000) 4,255,673 4,522,893 5,258,558 5,356,293 5,416,290 Financing Ratio 36.33% 34.38% 33.29% 32.36% 33.30% Effective Profit Rate 3.87% 4.1
Slide 35: Financing Ratio
FINANCIAL OVERVIEW FINANCING RATIO 50% Placements Undertaken 45% 40% 40% 39% 38% 37% 36% 36% 36% 36% 35% 34% 34% 33% 33% 33% 33% 33% 33% 33% 33% 32% 31% 31% 30% 30% 29% 29% 27% 27% 25% 24% 20% 15% 10% 5% 0% Copyright © 2026 AXIS-REIT | All rights reserved. 35
Slide 36: Unitholders' Capital (RM'mil)
FINANCIAL OVERVIEW UNITHOLDERS ’ CAPITAL (RM’MIL) 6,000 Total Asset Unitholders' Capital 5,453 5,416 5,356 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 2,600 2,600 2,600 2,244 2,086 2,142 2,129 1,934 1,946 2,000 1,589 1,617 1,584 1,596 1
Slide 37: Stock Information
REAL ESTATE INVESTMENT TRUST STOCK INFORMATION
Slide 38: Top Unitholders
STOCK INFORMATION TOP 10 UNITHOLDERS’ * NAME OF UNITHOLDER % 1 EMPLOYEES PROVIDENT FUND 11.9% 2 KUMPULAN WANG PERSARAAN (DIPERBADANKAN ) 6.3% 3 LEMBAGA TABUNG HAJI 6.2% 4 EMPLOYEES PROVIDENT FUND BOARD (ISLAMIC) 5.4% 5 PUBLIC ITTIKAL SEQUEL FUND 4.4% 6 URUSHARTA JAMAAH SDN. BHD. (2) 4.0% 7 AMANAH SA
Slide 39: No. of CDS Accounts
STOCK INFORMATION NO. OF CDS ACCOUNT 14,000 13,082 12,227 12,247 12,460 12,438 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 2025 1H2026 UNITS HELD 2Q2026 UNITS HELD 1Q2026 MOVEMENT Total no.
Slide 40: Thank You
THANK YOU info@axis -reit.com.my https://www.axis-reit.com.my/ 603 -7958 4882
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