KUALA LUMPUR: UOA Real Estate Investment Trust
’s (REIT) manager, UOA Asset Management Sdn Bhd, said it will continue to focus on active portfolio management and prudent gearing to optimise returns for unitholders.
“While keeping the gearing within the permissible threshold, the manager will continue to actively manage the properties in the portfolio to achieve an optimal return for unitholders,” it said in the notes accompanying its financial results.
In October 2025, it announced that the trustee entered into conditional sale and purchase agreements to acquire three commercial properties for a total purchase consideration of RM200mil.
In the fourth quarter ended Dec 31, UOA REIT’s net profit rose more than three fold to RM16.8mil, or earnings per share of 2.48 sen compared with RM5.3mil, or 0.78 sen in the year ago quarter.
Quarterly revenue rose 11.5% to RM32.6mil against RM29.2mil last year.
For the full financial year ended Dec 31 (FY25), UOA REIT posted a net profit of RM48.1mil, up 35.5% from RM35.5 mil, while revenue rose 12.5% to RM125.3mil against RM111.4mil in FY24.
As of Dec 31, 2025, the total net asset value was at RM989.1mil, with the increase attributed to higher income generated during the year.
Its net asset value per unit, after income distribution, increased from RM1.4232 as of Dec 31, 2024 to RM1.4248 as of Dec 31, 2025.
