Fund Category Real Estate Investment Trust
Fund Type Income and Growth
Duration of Fund/Termination Date The earlier of:

 

  • the occurrence of any termination events set out under the provisions of the Trust Deed
  • 80 years after 20 October 2006 or until such further period as the law may permit.
Approved Fund Size 573,219,858
Investment Objective To provide unitholders with stable and growth potential returns over a long-term period.
Investment Policy
  • Long term lease arrangements averaging 6 years
  • Security deposit averaging 1 year in the form of cash and/or bank guarantee
  • Preferably ‘triple net’ lease arrangements
Performance Benchmark
  • Management expense ratio
  • Total returns
  • Average annual return
  • Distribution yield
  • Net asset value (NAV)
Distribution Policy
  • Quarterly income distribution
  • Distribution of at least 95% (or such other percentage as determined by the Manager in its absolute discretion)
Revaluation Policy The investment properties shall be revalued annually by registered independent values.
Financial Year End 31 December
Listing Main Market of Bursa Malaysia Securities Berhad
Stock Name ARREIT
Stock Code 5127
Date of Listing 26 February 2007
Initial Public Offering Price
  • RM0.895 – retail
  • RM0.94 – institutional