KUALA LUMPUR (Jan 28): IGB Real Estate Investment Trust (KL:IGBREIT) and its sister trust, IGB Commercial REIT (KL:IGBCR) posted stronger net property income (NPI) for the fourth quarter (4Q), driven by higher rental income. IGB Commercial REIT declared a distribution of 95% of its distributable income, amounting to RM26.4 million or 1.10 sen per unit. IGB Commercial REIT’s full-year NPI grew 17.5% to RM153.32 million from RM130.53 million, as revenue rose 12.5% to RM259.87 million from RM230.99 million. Meanwhile, IGB Commercial REIT said its performance continues to be supported by effective leasing strategies, with portfolio occupancy at 92% during the quarter. AskEdge data shows IGB REIT has the highest price to earnings ratio among its peers at 29.5 times, followed by Pavilion REIT (KL:PAVREIT) at 20.8 times and IGB Commercial REIT coming in at 15.8 multiples.

Source: The Edge Markets January 28, 2026 11:20 UTC