Malaysian REITs post record earnings and raise unit payouts

KIP Real Estate Investment Trust reported a record FY26 core net profit of RM72.4 million, a 35.6% year‑on‑year increase, and a distribution of 7.26 sen per unit, giving an 8.6% yield. Occupancy rose to 98.7% and the trust announced a RM435 million acquisition of Setapak Central mall, expected to add RM50 million in revenue annually.

Pavilion REIT saw its second‑quarter net property income climb 11.1% to RM142.28 million, with total revenue up 3.6% to RM221.01 million. The trust proposed an interim distribution of 5.17 sen per unit and highlighted higher rental income from its hotel assets and lower electricity costs as key drivers. It also plans further experiential and cultural activations to sustain shopper engagement during Visit Malaysia Year 2026.