AL-SALĀM REAL ESTATE INVESTMENT TRUST is a Malaysia-based real estate investment trust (REIT). It is a diversified Islamic REIT in Malaysia with assets strategically located in Johor Bahru as well as in major towns throughout Malaysia. Al-Salām REIT was listed on the Main Market of Bursa Malaysia on 29 September 2015.
The principal activity of the trust is to invest in Shariah-compliant properties. The Fund’s segments include Retail, Office, Food and Beverage (F&B), which consist of restaurant and non-restaurant outlets.
The Fund’s property portfolio includes KOMTAR JBCC, Menara KOMTAR, @Mart Kempas, 22 KFC and Pizza Hut Restaurant outlets, 5 non-restaurant properties and a College building.
The Fund is managed by Damansara REIT Managers Sdn Bhd (DRMSB or The Manager) a wholly-owned subsidiary of Johor Corporation. The Manager is a Capital Markets Services License holder, authorised to carry out fund management activities in relation to REIT.