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IGB-REIT posts strong 4Q revenue growth

The Star·01/28/2026 23:00:00
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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 filing with Bursa Malaysia, 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.”