AME Real Estate Investment Trust

What AME Real Estate Investment Trust does

AME Real Estate Investment Trust (AME REIT) is a Shariah-compliant industrial real estate investment trust listed on Bursa Malaysia, headquartered in Senai, Malaysia. The trust was established in 2021 and is sponsored by AME Elite Consortium Bhd, an integrated industrial real estate developer. AME REIT invests in and manages a portfolio of 41 Shariah-compliant industrial and industrial-related real estate assets, all of which were reported at 100% occupancy in Q1 FY2027, generating recurring rental income from industrial tenants.

The trust's business model is a conventional REIT structure: it owns income-producing industrial properties, leases them to tenants, collects rental income, and distributes the bulk of its distributable income to unit holders. In Q1 FY2027, AME REIT reported revenue of RM16.64 million (up 17.7% year-on-year), net property income of RM15.24 million (up 19.6% year-on-year), and distributable income of RM11.45 million, declaring a distribution of 2.15 sen per unit. Recent portfolio expansion has been acquisition-led, with four newly acquired properties contributing to NPI growth alongside positive rental reversions on tenancy renewals.

With a market capitalisation of RM858.5 million at RM1.34 per unit and a small operational team (estimated 1-10 employees managed via its sponsor), AME REIT functions primarily as a capital-markets vehicle channeling rental cash flows from industrial real estate to its unit holders, with the sponsor providing pipeline access and property management support.

Name

AME Real Estate Investment Trust

Legal name

AME Real Estate Investment Trust

Website

https://amereit.com.my

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

AME Real Estate Investment Trust is a Shariah-compliant industrial REIT listed on Bursa Malaysia, owning 41 industrial properties at 100% occupancy and distributing rental income to its unit holders.

Ownership category

akta.pro rank

Product category

Industrial Real Estate Investment Trust

NAICS

Other Financial Vehicles (52599), Other Investment Pools and Funds (5259)

SIC

Real Estate Investment Trusts (6798)

akta.pro primary industry

REITs & Listed Real Estate Securities (FSAAAKAD)

akta.pro secondary industries

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA), Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Industrial real estate
• Real estate investment trust
• Property leasing
• Shariah-compliant investments
• Malaysian reit

Headquarters

HQ city

Senai

HQ country

Malaysia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Rental Income from Industrial Properties: AME REIT generates revenue through rental income from its portfolio of 41 industrial properties. The REIT earns quarterly revenue of RM16.64 million with net property income of RM15.24 million, driven by contributions from newly acquired properties and higher rental rates from tenancy renewals.
2. Property Distributions: The REIT distributes income to unit holders, with distributable income of RM11.45 million and declared interim distribution of 2.15 sen per unit.

Distribution channels1 record

Core offering

AME Real Estate Investment Trust invests in and manages a Shariah-compliant portfolio of 41 industrial and industrial-related real estate properties across Malaysia. It generates recurring rental income from tenants occupying these properties at a 100% occupancy rate and distributes a portion of that income to unit holders on a quarterly basis.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 19.6% increase in net property income to RM15.24 million
• +3 more outcomes

Segments1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves3 records

Expansion highlights2 records

Regional players

• IGB REIT: IGB REIT is a Malaysian-listed REIT focused on retail properties. It is a fellow Malaysian REIT comparable for capital flows and regulatory environment, though its asset class focus differs materially from AME REIT.
• ESR-REIT: ESR-REIT is a Singapore-listed REIT investing in industrial and logistics properties across Singapore and Australia. It is comparable to AME REIT in industrial/logistics asset class focus but operates in a different geography.
• CapitaLand Malaysia Trust: CapitaLand Malaysia Trust is a Malaysian-listed diversified REIT owned by CapitaLand. It is comparable as a Bursa Malaysia-listed REIT, though its portfolio is diversified across retail, office, and industrial/logistics — making it a partial peer given the industrial logistics overlap.
• Mapletree Industrial Trust: Mapletree Industrial Trust is a Singapore-listed REIT specialising in industrial properties across Asia. It is a relevant regional comparable given its industrial focus and Asia-Pacific portfolio, though it does not directly compete in Malaysia.
• YTL REIT: YTL REIT is a Malaysian-listed REIT holding commercial and hospitality properties. It is comparable as another Malaysian REIT trading on Bursa Malaysia, but with a different sector focus.
• Pavilion REIT: Pavilion REIT is a Malaysian-listed REIT focused on premium retail malls in Kuala Lumpur. It is comparable as a Bursa Malaysia-listed REIT but operates in a very different asset class from AME REIT's industrial portfolio.

Broad incumbents

• Sunway REIT: Sunway REIT is a Malaysian-listed diversified REIT across retail, hospitality, and office assets. It is comparable as a fellow Malaysian REIT competing for the same pool of MYR-denominated REIT capital, but its diversified focus differs from AME REIT's pure-industrial mandate.
• KLCC Stapled Group: KLCC Stapled Group is one of the largest Malaysian REIT stapled securities, focused on commercial office and retail properties under the Petronas Twin Towers complex. Comparable as a major Malaysian REIT but in a different property sub-sector.

Others

• AME Elite Consortium Bhd: AME Elite Consortium Bhd is AME REIT's parent/sponsor and a Malaysian industrial real estate developer. It is the primary pipeline source for AME REIT's acquisitions and provides asset management services — making it a structurally related entity rather than a competitor.

Direct peers

• Axis REIT: Axis REIT is a Malaysian-listed REIT focused on industrial and office real estate, the closest direct peer to AME REIT in terms of asset class (industrial-led), Shariah-compliant structure, and Malaysian listing. Both compete for institutional capital seeking Malaysian industrial exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ireitmanagers

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AME Real Estate Investment Trust