Link: https://links.sgx.com/1.0.0/corporate-announcements/SYTKOFIUMEIN1NMT/bcc0e159434eaf52fae7929611512c21963bc43e27466ccbb410a012372de897

Summary:

• Distributable income for 3Q 2025 rose 14.0% year-on-year to RM35.1 million; distribution per unit increased 3.7% to 1.11 sen.

• Gross revenue climbed 6.2% to RM116.0 million, while net property income increased by 11.5% to RM69.1 million, boosted by higher retail revenues and new income from logistics/industrial properties.

• Retail occupancy reached 93.5%, with positive rental reversions of 10.9%; total portfolio occupancy stood at 94.7%.

• Notable asset enhancements at Gurney Plaza and 3 Damansara and launch of new active lifestyle offering at The Mines further strengthened the retail segment.

• Logistics and industrial segment expanded with acquisitions at Senai Airport City and Nusajaya Tech Park; industrial/logistics assets now make up 7.9% of portfolio AUM, targeted to grow to 20% by 2028.

• Capital management: leverage ratio improved to 39.8% after private placement; average debt maturity 4.1 years, with 84% of borrowings on fixed rates.

• Sustainability: Achieved GRESB 4-star and LEED Gold certification, with improved ESG performance and related interest-rate savings.