-- Growth driven by income contribution from industrial and logistics properties and proactive asset managementSummary of CLMT’s results
CapitaLand Malaysia Trust (CLMT) reported a distributable income of RM46.3 million for the quarter from 1 July 2026 to 30 September 2026 (3Q 2026), an increase of 32.2% year-on-year (y-o-y) compared to RM35.1 million a year ago. Correspondingly, distribution per unit (DPU) grew 21.6% y-o-y to 1.35 sen.
Net property income (NPI) for 3Q 2026 rose 14.9% y-o-y to RM79.4 million, mainly driven by contributions from the industrial and logistics properties acquired in 20251 as well as higher contributions from most of CLMT’s existing properties.
Ms Yong Su-Lin, CEO of CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CLMT, said: “Against a challenging macroeconomic backdrop, CLMT continued to deliver stable performance in 3Q 2026, underpinned by healthy demand across our diversified portfolio. Our retail portfolio achieved positive rental reversions of 11.3%, while committed occupancy remained healthy.”
“At the same time, our expansion into industrial and logistics has enhanced the diversification and resilience of our portfolio. The properties acquired in 2025 are contributing to our performance and have expanded our presence in key industrial and logistics hubs, including Penang and Johor.”
“With a strong balance sheet, we remain well positioned to pursue accretive growth opportunities while continuing to optimise our existing portfolio. We will remain disciplined in our approach so as to deliver sustainable returns to our unitholders,” added Ms Yong.
Proactive portfolio management
As at 30 September 2026, CLMT’s retail occupancy remained stable at 93.1%. Including its logistics and industrial properties, the overall portfolio occupancy stood at 94.3%. CLMT’s retail portfolio achieved positive rental reversion of 11.3% for YTD 2026. Shopper traffic improved by 7.0% y-o-y, while tenant sales per square foot grew 0.6% y-o-y.
Prudent capital management
As at 30 September 2026, CLMT maintained a well-spread debt maturity profile with an average term to maturity of 5.5 years. Its year-to-date average cost of debt and gearing ratio were 4.17% and 38.3% respectively. 75% of its total borrowings are on fixed interest rates to mitigate exposure to interest rate movements.
Sustainability initiatives
CLMT continues to make progress on its environmental, social and governance (ESG) commitments. In the 2026 GRESB Real Estate Assessment, CLMT retained its 4-star rating and received an ‘A’ rating for Public Disclosure, reflecting its strong transparency and ESG reporting standards. Reflecting its commitment to sustainability, CLMT has achieved 100% green building certification for its five operationally controlled retail assets ahead of its 2030 Sustainability Master Plan target.
CLMT also remained as a constituent of the 2026 FTSE4Good Bursa Malaysia Index and was recognised as the best performing company in the Real Estate Investment Trusts sector at The Edge Malaysia ESG Awards 2026.
Notes:
- CLMT completed the acquisition for Synergy Logistics Hub in Selangor as well as Senai Airport City Facilities and Iskandar Puteri Facilities in Johor in 2025.
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About CapitaLand Malaysia Trust (www.clmt.com.my)
CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010. CLMT’s investment objective is to invest, on a long-term basis, in a geographically diversified portfolio of income-producing real estate assets across Malaysia that are used primarily for retail, commercial, office and industrial purposes. As at 30 September 2026, CLMT's market capitalisation stood at approximately RM2.1 billion with total assets valued at around RM5.6 billion.
CLMT's portfolio comprises six retail properties and nine industrial and logistics properties with a combined net lettable area of approximately 4.7 million square feet. Its retail assets are strategically located in four key urban centres. In Penang, these include Gurney Plaza and a significant interest in Queensbay Mall. In the Klang Valley region, CLMT holds a majority interest in Sungei Wang Plaza in Kuala Lumpur as well as 3 Damansara in Petaling Jaya and The Mines in Seri Kembangan. On the east coast, CLMT owns East Coast Mall in Kuantan, Pahang.
CLMT's industrial properties, located within the Johor-Singapore Special Economic Zone in Johor, consist of the Iskandar Puteri Facilities within Nusajaya Tech Park in Iskandar Malaysia and the Senai Airport City Facilities. Its logistics properties include Valdor Logistics Hub located in one of Penang's key industrial hubs, Glenmarie Distribution Centre within Hicom-Glenmarie Industrial Park in Shah Alam, Selangor and Synergy Logistics Hub in Elmina Business Park, Sungai Buloh, Selangor.
CLMT is managed by CapitaLand Malaysia REIT Management Sdn. Bhd., a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real asset manager with a strong presence in Asia.
About CapitaLand Investment Limited (SGX: 9CI)
CapitaLand Investment (CLI) is a leading global real asset manager with a strong foothold in Asia. Headquartered and listed in Singapore, CLI connects institutional capital to real asset opportunities through its globally integrated fund management platforms. Operating in over 40 countries, CLI is focused on growing recurring fee earnings, recycling capital efficiently and delivering sustainable long-term value for shareholders through disciplined capital management and responsible investing. For more information, please visit: www.capitalandinvest.com.
(Co. Regn.: 200308451M)
Release ID: 89207000
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