AmFIRST Real Estate Investment Trust
AmFIRST Real Estate Investment Trust is one of the largest Malaysia-based commercial REIT with exposure to office, retail and hotel sector in the Klang Valley and Cyberjaya. AmFIRST currently manages eight properties, of which three are located within the Kuala Lumpur Golden Triangle area and one each in Petaling Jaya, Kelana Jaya and Subang Jaya and two in Cyberjaya. AmFIRST currently manages over 2.5 million sq ft of real estate space.
Corporate information
Year ended/(Quarter Ended) |
Gross Revenue |
Property Expenses |
Profit/(Loss) |
Net Income distribution per unit |
31 March 2008 |
57,853,430 |
17,209,000 |
31,312,615 |
7.299 |
31 March 2009 |
93,080,961 |
31,788,215 |
179,070,892 |
8.75 |
31 March 2010 |
98,188,355 |
34,548,582 |
76,430,446 |
9.75 |
31 March 2011 |
88,538,863 |
32,011,135 |
66,095,627 |
9.75 |
31 March 2012 |
97,979,826 |
32,099,718 |
52,192,234 |
9.31 |
Properties
Property |
Net Lettable Area |
Year of Completion |
Tenure |
Occupancy Rate |
|---|---|---|---|---|
Bangunan AmBank Group |
360,166 sf |
1987 |
99 years |
100% |
Menara AmFIRST |
159,001 sf |
1994 |
Freehold |
66.70% |
AmBank Group Leadership Centre |
57,801 sf |
1990 |
Freehold |
100% |
Menara AmBank |
458,187 sf |
1997 |
Freehold |
97.14% |
Wisma AmFIRST |
285,461 sf |
2011 |
99 years |
73.53% |
The Summit Subang USJ |
Retail - 599,474 sf Office - 138,475 sf Hotel - 286,600 sf |
1998 |
Freehold |
Retail - 93.73% Office - 50.10% Hotel - 100.00% |
Prima 9 |
111,224 sf |
2009 |
Freehold |
100% |
Prima 10 |
100,272 sf |
2010 |
Freehold |
100% |