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- As at June 30 this year, AME REIT’s portfolio comprises 39 investment properties, including 36 industrial properties with a total agreed lettable area of 2.1 million square feet and three industrial-related properties.
KUALA LUMPUR (July 23): AME Real Estate Investment Trust (KL:AMEREIT) recorded a 11.5% increase in net property income (NPI) for its first quarter ended June 30, 2025 (1QFY2026), contributed by two new property acquisitions and higher rental rates from tenancy renewals.
The industrial REIT’s NPI rose to RM12.74 million in 1QFY2026, from RM11.43 million a year before. Revenue climbed 14.7% to RM14.14 million from RM12.33 million, according to its filing with Bursa Malaysia.
Distributable income for the quarter rose 7.1% to RM10.38 million from RM9.69 million a year ago. The REIT announced a distribution of 1.96 sen per unit, up from 1.84 sen last year, which will be payable to unitholders Aug 29.
Going forward, its expanding portfolio will drive stable performance and sustainable growth, supported by a resilient industrial property sector, said Chan Wai Leo, chief executive officer and executive director of I REIT Managers Sdn Bhd.
“Having recently completed the acquisition of i-TechValley 34 on July 10, 2025, we expect another four fully-leased properties in i-Park @ Senai Airport City and i-TechValley at SILC to complete this financial year. This pipeline strengthens our portfolio and boosts near-term rental income,” he added.
As at June 30 this year, AME REIT’s portfolio comprises 39 investment properties, including 36 industrial properties with a total agreed lettable area of 2.1 million square feet and three industrial-related properties.
The properties are primarily located across AME Group’s industrial parks in Iskandar Malaysia, namely i-Park @ Indahpura, i-Park @ Senai Airport City, i-Park @ SILC and i-TechValley at SILC. Total portfolio market value amounted to RM773.5 million as at end-June 2025.
AME REIT said it continues to be well-positioned to capitalise on increasing demand for high-quality industrial spaces in Malaysia, on the back of sustained foreign and domestic direct investments.
AME REIT closed unchanged at RM1.60 on Wednesday, giving the REIT a market capitalisation of RM846 million.
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