Kuala lumpur: Capitaland Malaysia Trust (CLMT) reported a notable increase in net profit, reaching RM43.99 million for the second quarter ended June 30, 2026, compared to RM35.06 million in the same period last year.

According to BERNAMA News Agency, the real estate investment trust's revenue also witnessed a 6.3 percent rise, amounting to RM123.05 million in 2Q 2026 from RM115.73 million in 2Q 2025. This growth was attributed to increased revenue from properties within the CLMT portfolio, specifically Senai Airport City Facilities, Synergy Logistics Hub, and Iskandar Puteri Facilities.

For the first half of the year, ending June 30, 2026, CLMT's net profit surged to RM89.80 million, up from RM72.55 million in the corresponding period of the previous year. Revenue during this period also grew by 6.1 percent to RM250.43 million from RM236.10 million. The revenue rise was driven by positive rental reversions and contributions from industrial and logistics assets acquired in 2025.

Net property income for the first half of 2026 increased by 13.6 percent year-on-year to RM157.8 million. This strong performance was supported by robust returns from existing properties and income from recent industrial and logistics acquisitions. CLMT announced a distributable income of RM89.2 million for the first half of 2026, marking a 24.1 percent increase from RM71.2 million in the same period last year. Consequently, the distribution per unit rose by 7.7 percent year-on-year to 2.65 sen.

Yong Su-Lin, the chief executive officer of CapitaLand Malaysia REIT Management Sdn Bhd, stated that efforts to enhance the appeal and competitiveness of the portfolio are ongoing. These initiatives include strengthening the tenant mix by expanding lifestyle, grocery, and food and beverage offerings at selected malls, which are expected to increase footfall and improve tenant sales.

Yong emphasized that despite global uncertainties, CLMT will maintain a cautious approach to portfolio rejuvenation. With disciplined capital management and proactive growth strategies, the company aims to seize emerging opportunities to deliver sustainable returns to unitholders.

As of June 30, 2026, CLMT's retail occupancy remained stable at 93.2 percent, while the overall portfolio occupancy, including logistics and industrial properties, stood at 94.4 percent. The retail portfolio achieved a positive rental reversion of 11.6 percent for 1H 2026.