OTHERS Revaluation of Properties pursuant to Clause 10.03 of the Guidelines on Real Estate Investment Trusts (“REIT Guidelines”) issued by the Securities Commission ("SC")
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | OTHERS |
| Description | Revaluation of Properties pursuant to Clause 10.03 of the Guidelines on Real Estate Investment Trusts (“REIT Guidelines”) issued by the Securities Commission ("SC") |
The Board of Directors of Axis REIT Managers Berhad, the management company of Axis Real Estate Investment Trust (“Axis-REIT”), wishes to announce that RHB Trustees Berhad (formerly known as OSK Trustees Berhad), the trustee of Axis-REIT, has carried out the revaluation on the following properties of Axis-REIT pursuant to Clause 10.03 of the SC's REIT Guidelines ("Revaluation"):- a) D8 Logistics Warehouse b) Quattro West c) Fonterra HQ d) Axis PDI Centre e) Axis Technology Centre f) Bukit Raja Distribution Centre g) BMW Centre PTP h) Seberang Prai Logistic Warehouse 1 i) Seberang Prai Logistic Warehouse 2 j) Giant Hypermarket The details of the Revaluation is contained in the attachment below. This announcement is dated 25 July 2013. | |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 25 Jul 2013 |
| Category | General Announcement |
| Reference No | CC-130725-1BC3F |
