Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) for the fourth quarter ended Dec 31, 2020 (4QFY20) rise 8.31% to RM51.11 million from RM47.19 million a year earlier, thanks to higher revenue or total trust income. Axis REIT declared a final distribution per unit (DPU) of 2.25 sen, including a non-taxable portion of 1.42 sen, which will be paid on March 11.