Amanah Harta Tanah PNB (AHP), formerly Amanah PNB (the Trust), is a Malaysia-based real estate investment trust. The Trust is managed by Pelaburan Hartanah Nasional Berhad (PHNB) (the Manager). The principal activity of the Trust is to invest in real estates and other authorized investments with the objectives of achieving steady returns and for long-term capital growth. As at December 31, 2010, AHP?s portfolio consists of 12 real estates. During the year ended December 31, 2010, two shop premises located in Alor Setar, Kedah and Kuantan, Pahang were disposed. The average occupancy rate of real estates of AHP was 92% with Bangunan AHP, located in Taman Tun Dr. Ismail, Kuala Lumpur and Sri Impian, located at Taman Setiawangsa, Kuala Lumpur securing 100% occupancy level, and Plaza VADS, located in Taman Tun Dr. Ismail, Kuala Lumpur, securing a higher occupancy level of 92%. The remaining nine real estates of AHP, comprising shop premises, recorded an average occupancy rate of 84%.
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