AmanahRaya REIT Shows Strong Performance in Q3 FY2025
AmanahRaya Real Estate Investment Trust ("AmanahRaya REIT") has released promising financial results for the third quarter ending September 30, 2025. The Trust demonstrated steady growth, achieving rental income of RM23.10 million, an impressive 22.62% year-over-year increase compared to RM18.84 million in the same quarter last year.
Net Property Income Growth
AmanahRaya REIT's net property income reached RM14.94 million, reflecting a significant YoY increase of 23.52% from RM12.10 million. The reduction in borrowing costs to RM6.69 million, down by 5.60% from the previous year, can be attributed to a more favorable interest rate environment. This trend follows the recent policy adjustments by Bank Negara Malaysia, favoring the REIT's financial stability.
Year-to-Date Performance
For the year-to-date figures, AmanahRaya REIT reported realised rental income of RM59.01 million for the nine months ending September 30, marking an 11.68% rise from RM52.84 million recorded in the previous year. Net property income surged 17.21% to RM39.86 million, a clear testament to robust rental contributions across its diverse property portfolio.
Financial Health Indicators
As of September 30, the Trust's net asset value (NAV) stood at RM724.66 million, with NAV per unit at RM1.2642. This affirms the Trust’s operational resilience. The Manager proposed a distribution of RM6.936 million, or 1.21 sen per unit, illustrating the commitment to delivering sustainable returns despite a challenging market environment.
Insights from the Managing Director
Datuk Mohd Iskandar Dzulkarnain Ramli, managing director of AmanahRaya-Kenedix REIT Manager Sdn. Bhd. ("AKRM"), commented on the results: "Our Q3 results reflect the strength of our portfolio, with substantial growth in rental income and property performance. Even with an increase in expenses due to necessary operational upgrades, our focus remains on tenant stability and capital management. The proposed distribution demonstrates our dedication to unitholders and the future growth of the Trust."
Future Outlook for AmanahRaya REIT
Looking ahead, AmanahRaya REIT plans to enhance operational performance through improved occupancy rates and stable tenancy renewals. The focus continues to be on prudent financial management and active asset oversight to ensure robust income generation and long-term growth amid market fluctuations.
About AmanahRaya REIT
AmanahRaya REIT is recognized as a prominent real estate investment fund in Malaysia, established in October 2006. Its aim is to provide investors with a varied portfolio while mitigating risks associated with property investments.
Property Portfolio Overview
As of the end of December 2024, AmanahRaya REIT manages 12 properties, with a total fair value of RM1.297 billion. The portfolio encompasses office buildings, educational institutions, industrial sites, retail spaces, and hotels situated in key areas like Johor and the Klang Valley. This strategic diversification safeguards returns and stabilizes risk exposure for investors.
Management Structure
AmanahRaya-Kenedix REIT Manager Sdn. Bhd. ("AKRM") was formed in 2009 as a joint venture between Amanah Raya Berhad and KDA Capital Malaysia Sdn. Bhd. AKRM is responsible for directing AmanahRaya REIT’s investment strategies, ensuring sustained returns for its unitholders and reinforcing the Trust’s performance and value.
Contact Information
Noor Atiyya Binti Mahmud
Investor Relations Manager
AmanahRaya-Kenedix REIT Manager Sdn. Bhd.
Email: nooratiyya@akrm.com.my
Jazzmin Wan
PR Manager
Swan Consultancy
Email: j.wan@swanconsultancy.biz
Renee Toh
Executive
Swan Consultancy
Email: r.toh@swanconsultancy.biz
Frequently Asked Questions
What is AmanahRaya REIT?
AmanahRaya REIT is a real estate investment trust in Malaysia that provides a diversified property portfolio for investors.
How much rental income did AmanahRaya REIT earn in Q3 FY2025?
AmanahRaya REIT recorded RM23.10 million in rental income for Q3 FY2025, a 22.62% increase year-over-year.
What is the proposed distribution for unitholders?
The proposed distribution for unitholders is RM6.936 million, which is equivalent to 1.21 sen per unit.
How does AmanahRaya REIT manage its properties?
AmanahRaya REIT employs strategic asset management practices to enhance operational performance and maintain tenant stability.
Who is the Managing Director of AmanahRaya REIT?
Datuk Mohd Iskandar Dzulkarnain Ramli serves as the Managing Director of AmanahRaya-Kenedix REIT Manager Sdn. Bhd.
