Current location site: Global

Summary of CLMT’s results

Kuala Lumpur, 28 January 2026 – CapitaLand Malaysia Trust (CLMT) achieved strong distributable income growth of 20.1% to RM42.3 million for the period 1 October 2025 to 31 December 2025 (4Q 2025) compared to 4Q 2024. Correspondingly, its distribution per unit (DPU) grew 4.1% year-on-year (y-o-y) to 1.27 sen.  Net property income (NPI) rose 12.4% y-o-y to RM81.5 million.  Its robust performance was primarily driven by contributions from newly acquired industrial and logistics properties¹ and higher revenue from its retail properties, namely Queensbay Mall and East Coast Mall.

For the period 1 January 2025 to 31 December 2025 (FY 2025), CLMT’s distributable income increased 12.3% y-o-y to RM149.2 million while DPU grew 4.1% y-o-y to 4.84 sen. NPI was RM289.4 million, 9.7% higher than the same period a year ago.

CLMT’s total valuation rose by 7.0% y-o-y to RM5.5 billion as at 31 December 2025, as appraised by independent valuers.  The increase in valuation was largely attributable to the acquisitions of the industrial and logistics assets namely Senai Airport Facilities, Synergy Logistics Hub and Iskandar Puteri Facilities.  On a like-for-like basis, overall portfolio value of eight properties increased by 1.5% y-o-y, contributed by uplifts from the Penang and Kuantan malls which have performed well for the year.

Proactive portfolio management

As at 31 December 2025, CLMT’s retail occupancy remained stable at 93.7%. Including its logistics and industrial properties, the overall portfolio occupancy stood at 94.9%. CLMT’s portfolio achieved positive rental reversions of 12.2% for FY 2025.

Prudent capital management

As at 31 December 2025, CLMT maintained a well-spread debt maturity profile with an average term to maturity of 4.6 years. Its year-to-date average cost of debt and gearing ratio were 4.34% and 39.0% respectively. 84% of its total borrowings were at fixed interest rates to mitigate exposure to interest rate movements.

Sustainability initiatives

As part of its commitment to building a sustainable portfolio, Senai Airport Facilities achieved the Green Building Index certification from the Malaysia Green Building Confederation (MGBC) in October 2025, representing a key achievement in CLMT’s sustainability journey. CLMT also remained a constituent of the FTSE4Good Bursa Malaysia Index and maintained a 4-star ESG rating following the semi-annual review in December 2025.

Through the #GivingBersama 5.0 initiative, CLMT and CapitaLand Investment (Malaysia), supported by CapitaLand Group’s philanthropic arm, CapitaLand Hope Foundation, contributed RM200,000 worth of daily necessities, educational supplies and wellness support to approximately 2,200 beneficiaries from orphanage homes, schools and low-income families in Penang, Klang Valley, Pahang and Johor.

Distribution details

Unitholders can expect to receive a DPU of 1.91 sen for the period from 7 August 2025 to 31 December 2025, payable by March 2026. This follows an advanced distribution of 0.47 sen paid on 19 August 2025 for the period of 1 July 2025 to 6 August 2025. The Board of CMRM has elected to apply the Distribution Reinvestment Plan to the income distribution for the period of 7 August 2025 to 31 December 2025, enabling Unitholders to choose to receive the distribution fully in cash or to reinvest part of the distribution in new units. The dates of book closure and income distribution will be announced upon obtaining the necessary regulatory approvals.

Notes:

1. In FY 2025, CLMT completed the acquisition for Synergy Logistic Hub in Selangor as well as Senai Airport City Facilities and Iskandar Puteri Facilities in Johor.