CapitaLand Malaysia Trust’s Q3 DPU up 21.6% at RM0.0135 on industrial, logistics
Revenue up 9.1% at RM126.5 million, while net property income climbs 14.9% to RM79.4 million
CapitaLand Malaysia Trust's Q3 distribution per unit (DPU) increased 21.6% year-on-year to RM0.0135, driven by higher revenue from industrial and logistics properties acquired in 2025. Distributable income for the quarter rose 32.2% to RM46.3 million, up from RM35.1 million in the previous year. Overall, the trust reported a 9.1% revenue increase to RM126.5 million, and a 14.9% rise in net property income to RM79.4 million.
CEO Yong Su-Lin attributed the growth to stable performance despite challenging economic conditions, noting that the expansion into industrial and logistics enhanced portfolio diversification and resilience. The trust's overall portfolio occupancy was 94.3% as of Sep 30, with retail occupancy remaining steady at 93.1%. For the first nine months of 2026, the retail portfolio achieved an 11.3% positive rental reversion, with shopper traffic up 8.2% year-on-year and tenant sales per square foot rising 4.5%.
As of Sep 30, CapitaLand Malaysia Trust's gearing ratio was 38.3%, with an average cost of debt of 4.17% year-to-date.
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