FONTERRA in - Axis Reit

OUR LATEST ACQUISITIONSAXIS LINK ISSUE 02/2012AXIS LINK ISSUE 02/2012EVENTS & HAPPENINGSAxis-REIT will be adding 3 exciting new assets to its portfolio with its proposed acquisitions….ProposedThe 30thacquisition ofthe Trust…Emerson IndustrialFacility, NilaiThe property is strategically located within KawasanPerindustrian Nilai 1 in Negeri Sembilan and is sitedapproximately 18.7 km due north-west of Seremban.Currently, it is 100% occupied, mainly leased to EmersonProcess Management Manufacturing (M) Sdn Bhd as themajor tenant, on a 3-year lease with an option to renew for3 years. The remaining space is rented to K-Plastics IndustriesSdn Bhd for 2+1 years term. The property features twobuildings with a total gross built up of 192,677 sq. ft. andsits on two parcels of contiguous industrial land totalling7.27 acres. This is the REIT’s 30th acquisition, purchased forRM26.5 million.Press and Analysts/Fund Managers’Briefing at Hilton KLAxis-REIT held its quarterly briefing and presentation of the4Q2011 results to the press and analysts/fund managersat Hilton Kuala Lumpur Hotel on January 17th, 2012.Approximately 10 press members and 46 analysts /fundmanagers attended the two separate briefings, held forpress and analysts/fund managers, which were followedby Q&A sessions.Left:Our CEO, Mr.Stewart LaBrooypresenting the4Q2011 results tothe analysts atthe briefing.Wisma Academy and the Annex, PJWisma Academy is located strategically in the Section 19 industrial area of Petaling Jaya (PJ), sited approximately 12 km tothe south-west of the Kuala Lumpur city centre and about 4 km to the north-west of PJ new town centre. Sections 19, 13, 14 and17 of PJ are currently undergoing a transformation into a vibrant commercial district. The trust bought the strata parcels whichamount to 374,056 sq. ft. (or 91.02% of the share unit) in Wisma Academy, a stratified 6-storey office/warehouse building and a2-storey basement car park. It maintains a diversified mix of well established tenants. The fully tenanted Annex comprises a doublestorey showroom and a single storey warehouse with a gross built up of 37,200 sq. ft. These two 99-year leasehold multi-tenantedproperties are the REIT’s 31st and 32nd acquisitions, purchased for a total of RM85.0 million.ProposedProposedBreakfast Meeting byMRMA & APREA atHilton KLAnnouncementWith effect from 1st August 2012, the name of one of the properties in our portfolio, Plaza FSBMin Cyberjaya, will be changed to Axis Eureka. The one month notice is to allow our tenantsto do the necessary changes in their correspondence documents and to notify their businesspartners. Meanwhile, the building signage installation is in progress as scheduled.The 31st & 32nd acquisitions of the Trust…From left to right: Wisma Academy (left) & the Annex (right)The Malaysia REIT ManagersAssociation (MRMA) and AsiaPacific Real Estate Association(APREA) jointly organised aBreakfast Meeting on April 10th,2012 at Hilton Kuala LumpurHotel. Our CEO, who is alsothe chairman of MRMA, gavehis opening speech, followedby an address by APREAMalaysian Chapter, Mr. KumarTharmalingam, introduction toAPREA by APREA’s CEO, PeterMitchell, presentation on thenew MRMA website by TH Hongof 8iris and lastly, presentation byChris Gawan Taylor of Yardi.4 5