AmanahRaya Real Estate Investment Trust (“AmanahRaya REIT”) announced its financial results for the third quarter ended 30 September 2025 (“Q3 FY2025”), delivering a stable performance supported by an improved rental income and a continued improvement in portfolio occupancy.
For the current quarter, ARREIT recorded rental income of RM23.10 million, representing a 22.62% year-on-year increase compared to RM18.84 million in Q3 FY2024. The Trust recorded net property income of RM14.94 million, marking a 23.52% YoY improvement from RM12.10 million previously. Borrowing costs improved to RM6.69 million, declining 5.60% YoY in line with a softer interest rate environment following Bank Negara Malaysia’s recent policy rate adjustment.
On a year-to-date (“YTD”) basis, ARREIT recorded realised rental income of RM59.01 million for the nine-month period ended 30 September 2025, representing an 11.68% increase compared to RM52.84 million a year earlier. Net property income (“NPI”) rose 17.21% year-to-date to RM39.86 million, reflecting stronger rental contributions across the portfolio. Property operating expenses stood at RM22.80 million for the period. The Trust delivered realised income of RM7.71 million, 17.15% improvement from RM6.58 million recorded in the corresponding period last year.
As at 30 September 2025, net asset value (“NAV”) stood at RM724.66 million, with NAV per unit of RM1.2642, supported by steady operational performance. In line with its commitment to delivering consistent and sustainable returns, the Manager has proposed a distribution of RM6.936 million, equivalent to 1.21 sen per unit. The proposed payout reflects the Trust’s ability to generate resilient recurring income despite a dynamic operating environment.
Datuk Mohd Iskandar Dzulkarnain Ramli, Managing Director of AmanahRaya-Kenedix REIT Manager Sdn. Bhd. (“AKRM”) said, “ARREIT’s Q3 results demonstrate the resilience across our portfolio, with rental income continuing to grow and net property income showing strong year-on-year improvement. Despite higher expenses during the quarter due to active maintenance and operational activities across several properties including lift modernization and facility upgrades at Vista Tower, as well as lobby and facelift improvements at Dana 13, we remain focused on maintaining tenant stability, strengthening our asset performance and ensuring disciplined capital management. The proposed distribution reflects our commitment to sustaining returns for unitholders while positioning the Trust for long-term value creation.”
Looking ahead, the Manager will continue in improving operational performance supported by improving occupancy trends, stable tenancy renewals and a more conducive interest rate environment. ARREIT will continue prioritising active asset management and prudent financial discipline to enhance the Trust’s income visibility and long-term resilience.
