KUALA LUMPUR: Set against a challenging macroeconomic backdrop, Capitaland Malaysia Trust
's (CLMT) performance in the first half of 2026 was underpinned by resilient demand across its diversified portfolio and proactive asset management strategies.
In a statement, CEO of Capitaland Malaysia REIT Management Sdn Bhd (CMRM) Yong Su-Lin said the REIT manager continues to enhance the appeal and competitiveness of its portfolio to cater to evolving shopper preferences by strengthening a well-curated tenant mix with the expansion of lifestyle, grocery, and food and beverage offerings at selected malls.
"These initiatives refresh the retail experience for shoppers and are expected to drive higher footfall and improve tenant sales," she added.
“While the global environment remains uncertain, CLMT will maintain a prudent approach to portfolio rejuvenation. Anchored by disciplined capital management and a proactive growth strategy, we remain agile in capturing emerging opportunities to deliver
sustainable returns to our unitholders."
In the second quarter ended June 30, 2026 (2Q26), CLMT posted a net profit of RM44mil, an increase from RM35.07mil in the year-ago quarter, which translated to an earnings per share of 1.31 sen as compared to 1.2 sen.
Quarterly revenue rose to RM123.05mil from RM115.73mil in the previous corresponding quarter.
For the first half of 2026, the manager said net profit increased to RM89.8mil from RM72.55mil in the previous comparative quarter, while revenue improved to RM250.44mil from RM236.11mil previously.
According to the manager, net property income in 1H26 rose 13.6% to RM157.8mil, driven mainly by a stronger performance from most of its existing properties and income recognition from the industrial and logistics acquisitions
completed in 2025.
CMRM said it is making its first income distribution of 2.65 sen per unit for the first-half period, payable by September 2026.
The board of CMRM has elected to apply the Distribution Reinvestment Plan to the income distribution for 1H26, enabling unitholders to choose to receive the distribution fully in cash or to reinvest part of the distribution in new units.
