IGB-REIT remains cautious over 2024 outlook

IGB-REIT posted a revenue of RM158.5mil and net profit of RM89.7mil for the fourth quarter.

PETALING JAYA: IGB Real Estate Investment Trust (IGB-REIT) is maintaining a cautious outlook for its financial year 2024 despite shopping traffic returning to pre-pandemic levels.

The group stated in a filing with Bursa Malaysia that it is dedicated to creating long-term value for its stakeholders, with regular and consistent distributions to unit holders serving as its main goal.