Atrium Real Estate Investment Trust is an industrial asset focused on real estate investment trust. It is constituted by a Trust Deed amended by the First Supplementary Deed dated 25 November 2008 and the Restated Deed dated 24 March 2016 between CIMB Commerce Trustee Berhad (formerly known as BHLB Trustee Berhad) as the Trustee and Atrium REIT Managers Sdn Bhd as the Manager (collective known as First Deed). On 21 April 2016, the Manager, CIMB Commerce Trustee Berhad (Retiring Trustee) and Pacific Trustees Berhad (New Trustee) entered a Second Supplementary Deed to effect the change of trustee of Atrium REIT from the Retiring Trustee to the New Trustee. The First Deed and the Second Supplementary Deed were further amended by a Second Restated Deed dated 17 December 2019 entered between the Manager and Pacific Trustees Berhad, as the Trustee of Atrium REIT. Atrium REIT was listed on Main Board of Bursa Malaysia Securities Berhad on 2 April 2007. Atrium REIT property portfolio consists of nine industrial properties located in prime locations in the Klang Valley and Penang, namely, Atrium Shah Alam 1, Atrium Shah Alam 2, Atrium Shah Alam 3, Atrium Shah Alam 4, Atrium Shah Alam 5, Atrium Puchong, Atrium USJ, Atrium Bayan Lepas 1 and Atrium Bayan Lepas 2. Atrium Real Estate Investment Trust was established on November 20, 2006.
Metrics to compare | ATRL | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipATRLPeersSector | |
|---|---|---|---|---|
P/E Ratio | 23.0x | 14.9x | 9.2x | |
PEG Ratio | −0.34 | −0.22 | 0.01 | |
Price/Book | 0.9x | 0.7x | 0.9x | |
Price / LTM Sales | 6.4x | 6.4x | 3.8x | |
Upside (Analyst Target) | - | 15.6% | 17.3% | |
Fair Value Upside | Unlock | −3.9% | 0.8% | Unlock |