UOA REIT profit dips slightly in 3Q on higher maintenance costs
The dip was mainly due to higher maintenance costs, which, according to its bourse filing, drove property operating expenses higher.
The dip was mainly due to higher maintenance costs, which, according to its bourse filing, drove property operating expenses higher.
The programme will have a perpetual tenure and allows for the issuance of medium-term notes of up to RM2 billion.
Meanwhile, the industrial segment also delivered strong growth, bolstered by Sunway REIT Industrial—Prai, which was acquired in October 2024.
Revenue for the quarter, however, rose marginally to RM48.
This marks Axis REIT’s third acquisition of the year, bringing its total investments this year to RM930 million, compared with eight acquisitions worth RM719 million in 2024.
The REIT said retail remains the cornerstone of its performance, contributing RM652.
Its NPI for 1QFY2026 rose to RM29.
Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.
Its distributable income or total realised income available for distribution was RM58.
Retail-focused IGB REIT reported a 9.