AI Summary
Hektar REIT reported a 3.4% quarter-on-quarter increase in revenue to RM32 million for Q2 2025, declaring a 1.05 sen per unit interim income distribution. Net property income (NPI) rose 5.6% to RM15.9 million due to stronger rental income and cost management, with NPI margin improving to 49.6%. CEO Zainal Iskandar cited proactive leasing strategies and diversification into education, industrial assets, and strategic land leases as key drivers of sustainable returns. Hektar REIT's total assets stand at RM1.45 billion, with retail assets contributing 93.4% of total revenue and education assets contributing 13.4% of NPI.
Read the original article
This article has been processed for multi-language support.
