Pavilion-REIT nine-month net profit rises

PETALING JAYA: Pavilion real estate investment trust (REIT) believes Malaysia’s economic outlook remains positive, supported by resilient consumer demand, growing tourism, firm domestic fundamentals and supportive policy measures.

In a filing with Bursa Malaysia, Pavilion-REIT saw its net profit climb by 19.8% year-on-year (y-o-y) to RM94.6mil for the third quarter ended September 2025 (3Q25) on the back of a 10% rise in revenue to RM227.9mil.

For the nine months ended September 2025, net profit grew 3.2% y-o-y to RM263.7mil, as turnover increased 6.7% to RM669.4mil.

Pavilion-REIT said: “The increase was mainly contributed by Pavilion Bukit Jalil, driven by higher occupancy rate and increased income generated from its exhibition centre and advertising spaces.”