UOBKH Research expects further growth in property investment income in 2H25.
PETALING JAYA: IOI Properties Group Bhd
(IOIProp) may list its real estate investment trust (REIT) in the second half of financial year 2026 (2H26) since it needs to ease its debt level.
UOB Kay Hian (UOBKH) Research said the group which has been on an acquisition trail since its financial year 2024 (FY24), has lifted net gearing to 0.75 times as of the end of its second quarter of FY25.
