Axis-REIT Competitors

IOI Properties Group Berhad (“IOIPG”) is one of Malaysia’s leading public-listed property developers. IOIPG is renowned as one of the largest property companies in the country with a proven track record spanning nearly four decades in the property development industry. Its principal activities include property development, property investment, leisure and hospitality. It has successfully developed sustainable townships in sought-after regions of Klang Valley, Penang and Johor in Malaysia while embarking on property developments in Singapore and the Xiamen, China. IOIPG currently has a total of 10,000 acres of landbank in Malaysia and abroad. It has built a solid reputation as one of the few integrated developers that builds and manages investment properties such as hotels, golf courses, office towers and retail malls. As a socially-responsible integrated property developer, IOIPG’s office towers are designed to meet the Green Building Index (“GBI”) or are Green Mark-certified. It adopts the ISO 9001:2008 standards for its property developments and all ongoing projects are built to achieve a Quality Assessment System in Construction (“QLASSIC”) score of not less than 75%. A strong testament to its quality excellence, IOIPG is consistently ranked among the top developers in Asia and bestowed numerous accolades by leading publications and organisations such as FIABCI, BCI Asia, The Edge Malaysia, Asia Pacific Property Awards, and the Building and Construction Authority (“BCA”) in Singapore. Dynamic Management Sdn Bhd (125872-M)

CapitaLand Group (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered in Singapore, CapitaLand’s portfolio focuses on real asset management and real estate development, spanning across 277 cities in 45 countries. Within its ecosystem, CapitaLand has developed an integrated suite of real asset management, real estate development, and operating capabilities that supports its businesses in building core competencies across the value chain. With this full range of capabilities, CapitaLand can optimise the strategies of its listed real estate investment management business CapitaLand Investment, and its privately held property development arm CapitaLand Development; to drive competitive advantage for its businesses. CapitaLand places sustainability at the core of what it does. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Hektar Real Estate Investment Trust (Hektar REIT) is Malaysia’s first retail focused REIT. Hektar REIT’s principal objective is to provide its unitholders with a defensible income distribution and to enhance the long-term value of the fund. Hektar REIT invests in income-producing real estate primarily used for retail purposes. Hektar REIT’s portfolio currently consists of quality shopping centres situated in Subang Jaya, Melaka, Muar, Sungai Petani, Kulim and Segamat with a combined value of RM1.2 billion. Hektar REIT was listed on the Main Board of Bursa Malaysia Securities Berhad on 4 December 2006 and has continuously recorded improving perfomance since its listing. The REIT’s cornerstone investor is Frasers Centrepoint Trust, part of the Fraser & Neave Group, headquartered in Singapore. Frasers Centrepoint Trust acquired a 27% stake in June 2007 and an additional 4% upstake in April 2008. Hektar REIT is managed by Hektar Asset Management Sdn Bhd, and was formed with a vision to develop world-class shopping centres for Malaysian consumers, based on international best practices.