Holding(s) in Company

AXA Property Trust Ld
02 April 2007


To: RNS

From: AXA Property Trust

Date: 02 April 2007



Listing Rule 15


In accordance with paragraph 15.4.11 (ii) of the Listing Rules, AXA Property
Trust Limited announces its ten largest investments, including all investments
with a value greater than 5% of its gross assets, as at 31 March 2007:



                                                                        % of
                                                                        total
                                                                        assets
      Country      Location                                  Status
  1   Germany      Phoenix Centre, Fuerth                    Completed   14.30%
  2   Italy        Multiplex, Curno, Bergamo                 Completed    9.90%
  3   Italy        SS Bergamina, Agnadello                   Completed    7.80%
  4   Germany      Am Birkfeld, Dasing                       Completed    6.00%
  5   Netherlands  Smakterweg, Venray                        Completed    5.80%
  6   Germany      Industriestrasse, Montabaur-Heiligenroth  Completed    5.60%
  7   Germany      Bahnhofstrasse, Karben                    Completed    5.60%
  8   Germany      Ruednitzer Chaussee, Bernau               Completed    5.40%
  9   Germany      Nuernberger Strasse, Treuchtlingen        Completed    4.20%
 10   Belgium      Keyser Center, Antwerp                    Completed    4.00%





All Enquiries:


The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL


Tel: [phone]



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