AME Real Estate Investment Trust
MMYX:AMEREIT1.59
MYR
+0.04
(+2.58%)
ISIN
MYL5307TO002
Return %
Stock
S&P 500
1Y
0.63
14.20
3Y
27.20
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Wai Chan
- Full Time Employees
- 8
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Senai Malaysia
- IPO Date
- Sep 20, 2022
- Website
- amereit.com.my
- Similar Companies
- Business
- AME Real Estate Investment Trust is a Malaysia-based Islamic real estate investment trust focused on investing in, owning, and managing a portfolio of income-producing industrial and industrial-related properties. Established in 2022, sponsored by AME Elite Consortium Berhad, and managed by I REIT Managers Sdn Bhd, the trust is headquartered in Senai, Johor, Malaysia. The trust's core property portfolio and services encompass ready-built and custom-built industrial manufacturing facilities; high-specification logistics and distribution warehouses; centralized labor dormitories and worker accommodation complexes; and master-planned industrial park leases providing infrastructure and property management services to multinational and domestic corporations across the electrical and electronics, precision engineering, medical device, consumer goods, and logistics sectors. Its geographic operations are concentrated across premier industrial developments in Iskandar Malaysia, including i-Park @ Senai Airport City, i-Park @ SILC, and i-TechValley in the Johor-Singapore Special Economic Zone. Recent company developments include surpassing RM1.0 billion in total asset value; the acquisition of three industrial assets across i-Park @ Senai Airport City and i-TechValley from its sponsor for RM100.8 million; its inaugural third-party land transaction involving the RM50.2 million purchase of 8.87 acres of industrial land at i-Park @ Senai Airport City; and the adoption of a build-to-lease development strategy to construct customized industrial premises on newly acquired plots.