KUALA LUMPUR: Capitaland Malaysia Trust
(CLMT) is anticipating a more resilient portfolio income base in FY26 with the inclusion of three new property acquisitions.
The real estate investment trust (REIT) said as at Sept 30, 2025, it had taken possession of Senai Airport City Facilities, Synergy Logistics Hub and Iskandar Puteri Facilities, which are expected to contribute positively to full quarter results and distributions from 1Q26 onwards.
In addition, the REIT said it is revitalising two levels of Gurney Plaza, as well as reconfiguring the ground floor of 3 Damansara to enhance the alfresco dining area and introduce a wider selection of food and beverage offerings.
"These asset enhancement initiatives are expected to enhance value of the retail assets and refresh the overall shopper experience," it said in a stock exchange filing.
In the third quarter of 2025, CLMT recorded a net profit of RM34.69mil, up from RM30.23mil a year earlier. Earnings per share rose to 1.1 sen from 1.07 sen previously.
Quarterly revenue increased to RM116.04mil from RM109.24mil in the comparative quarter. The REIT said this was mainly due to higher revenue recorded by most of the properties within the CLMT portfolio as a result of positive rental reversions, rental step-up and the commencement of rental income recognition from Glenmarie Distribution Centre.
Cumulatively, CLMT posted a net profit of RM107.24mil in 9MFY25 against RM97.18mil in 9MFY24. Revenue in the current period rose to RM352.14mil from RM334.78mil in the same period in 2024.
