PETALING JAYA: IGB Real Estate Investment Trust
(IGB REIT) expects the retail operating environment entering 2026 to remain broadly supportive, underpinned by resilient domestic consumption, improving consumer purchasing power and a stable monetary backdrop.
For the fourth quarter ended Dec 31, 2025 (4Q25), IGB REIT recorded a total revenue of RM208.3mil, an increase of 31.6% compared to RM158.3mil in the same quarter last year.
In a Bursa Malaysia filing, it said net property income (NPI) rose 44.3% to RM155.7mil, compared to RM107.9mil in 4Q24.
Full year 2025 total revenue rose 12.6% to RM705.1mil, compared to RM626.1mil for the full year 2024. In line with this, IGB REIT said NPI increased by 17.1% to RM533.6mil from RM455.7mil.
“The growth in revenue and NPI was primarily driven by higher rental income as well as additional income contributed from MVS Mall during the quarter.
“Headlining the period was the completion of the RM2.65bil MVS Mall acquisition on Nov 20, 2025. This milestone not only contributed to the current period's growth but also provided essential regional diversification for IGB REIT.”
IGB REIT said the manager had approved a distribution of 97.5% of the REIT’s quarterly distributable income, amounting to RM128.4mil or 2.97 sen per unit.
Based on IGB REIT’s unit price of RM2.73 as of 31 December 2025, this translates into an annualised distribution yield of 4.31%.
