The following section represents an archive of press releases.

2024
November
26
November
Hektar REIT publishes Third Quarter 2024 PDF, 266 KB
  • YTD Total revenue increased by 12.9% to RM94.8 million.
  • YTD Net Property Income increased by 8.6% to RM50.0 million, primarily due to recognition of income from Kolej Yayasan Saad.
  • Achieved secured portfolio occupancy rate of 88.8% with positive rental reversion of 7.2%
August
22
August
Hektar REIT publishes Second Quarter 2024 PDF, 185 KB
  • Gross Revenue surged by 34.4% year-on-year to RM36.6 million.
  • Net Property Income increased by 33.7% to RM20.7 million, bolstered by new revenue stream from its recently acquired non-retail asset - Kolej Yayasan Saad.
  • Strong performance across Hektar Malls with 6.4% Positive Rental Reversion and close to 90% overall committed occupancy.
  • Announces first interim income distribution of 1.9 sen per unit together with Income Distribution Reinvestment Plan.
May
23
May
Hektar REIT publishes First Quarter 2024 PDF, 210 KB
  • Recorded RM28.4 million in revenue, grew 3.2% compared to Q4 FY2023
  • NPI increased by 3.1% to RM14.4 million, in tandem with improved portfolio performance
  • Achieved portfolio occupancy rate of 87.2% with positive rental reversion of 3.5%
February
22
February
Hektar REIT publishes Fourth Quarter 2023 PDF, 203 KB
  • Achieved Revenue of RM111.5 million and Realised Net Income of RM25.1 million
  • High Dividend Yield of 7.7%
  • Gearing ratio improves to 42.8%, emphasising financial stability
  • Increase in Hektar REIT’s portfolio valuation by RM26.6 million
2023
November
22
November
Hektar REIT publishes Third Quarter 2023 PDF, 208 KB
  • HEKTAR REIT ACHIEVES HIGH OCCUPANCY & POSITIVE REVERSIONS
  • ROBUST LEASING INITIATIVES BOOST PORTFOLIO OCCUPANCY RATE TO 87.7%
07
November
Hektar REIT Achieves Historic Success: ESG Performance Rewarded with Dual Gold Accolades at The Edge Malaysia ESG Awards 2023 PDF, 373 KB
  • Gold Award under the “REIT” category
  • Gold Award under the “Outstanding ESG & Dividend Return” category
  • The awards were aimed at honouring Malaysia's best performers in ESG
September
12
September
Hektar REIT Unveils New Diversification Strategy: Pioneering Beyond Retail PDF, 209 KB
  • MTrustee Berhad, the Trustee of Hektar REIT signs a Conditional Sale and Purchase Agreement
  • Kolej Yayasaan Saad Melaka’s Outstanding Academic Record Strengthens Hektar REIT’s Asset Mix
  • Fusing Retail and Education with a Move to Shape Future Leaders
  • Remains Focused and Committed to Maintaining High ESG standards
May
25
May
Hektar REIT publishes First Quarter 2023 PDF, 198 KB
  • HEKTAR REIT’S PORTFOLIO MAINTAINS A TREND OF IMPROVEMENT
  • Revenue recorded of RM28.9 million and Net Property Income of RM15.2 million
  • Robust NPI Margin of 52% indicating healthy financial performance
  • Gearing ratio lowered to 44.3% due to effective financial strategy
  • Improvement in portfolio occupancy rate to 83.8%
  • Positive rental reversions
February
23
February
Hektar REIT publishes Fourth Quarter 2022 PDF, 232 KB
  • HEKTAR REIT 2022 PERFORMANCE: PERSISTENCY AND RESILIENCE
  • Realised Net Income higher by 187% for FY2022
  • Revenue is substantially higher by 21.6%
  • Significantly improved Net Property Income by 24.8%
  • High dividend yield of 11.4% and impressive Annual Return of 60.8%
  • Increase in Hektar REIT Portfolio Valuation by RM41.6 million
2022
November
15
November
Hektar REIT publishes Third Quarter 2022 PDF, 212 KB
  • HEKTAR REIT’S PORTFOLIO BENEFITS FROM RETAIL RECOVERY
  • NPI GOES UP BY 77% & REALISED NET INCOME INCREASED BY 862% IN 3Q 2022
  • For 3Q 2022, Revenue recorded a substantial increase of 62%
  • For YTD September 2022, NPI goes up by 40% and Realised Net Income by 256%
  • Earnings supported by a continued recovery in the retail sector
August
26
August
Hektar REIT publishes Second Quarter 2022 PDF, 214 KB
  • HEKTAR REIT RECORDED SIGNIFICANT IMPROVEMENT
  • NPI GOES UP BY 34% IN 2Q 2022 & REALISED NET INCOME INCREASED BY 151% FOR 1H 2022
  • For 2Q 2022 Revenue is higher by 14% and Realised Net Income goes up by 317%
  • Occupancy rate remains stable at 84.8%
  • Interim income distribution of 2.70 sen declared
  • Awarded “Company of the Year for Stakeholder & Community Engagement”
  • ESG Disclosures & Sustainability Initiatives remain our key focus areas
11
August
HEKTAR REIT SUSTAINABILITY & CSR INITIATIVES GETS AWARDED PDF, 189 KB
  • “Company of the Year for Stakeholder and Community Engagement” at Sustainability & CSR Malaysia Awards 2022. Hektar REIT recently received a 4-star rating upgrade on the FTSE4Good Bursa Malaysia Index.
June
22
June
Hektar REIT’S ESG commitment gets rewarded with a 4-star rating PDF, 175 KB
  • ESG is a journey and not a destination. Hektar’s continued sustainability initiatives recognised by FTSE4Good Bursa Malaysia Index.
10
June
Hektar Asset Management appoints new CEO PDF, 206 KB
  • Appointment of Johari Shukri bin Jamil effective 11 June 2022.
May
23
May
Hektar REIT publishes First Quarter 2022 PDF, 199 KB
  • HEKTAR REIT’S NPI GOES UP BY 17.8% IN 1Q 2022
  • Revenue grew by 8.7%, while EPU increased by 106.6%
  • Gradual recovery is expected as the country transitions towards endemicity
  • Occupancy rate remains steady at 84.8%
  • Sustainability Initiatives remain our top priority
February
25
February
Hektar REIT publishes Fourth Quarter 2021 PDF, 961 KB
  • Hektar REIT 2021 Performance: Weathering the Challenges
  • Achieved Revenue of RM96.6 million & Net Property Income of RM47 million
  • DPU of 2.53 sen, up 181%
  • Signs of recovery weighed by Omicron surge
  • Stepping up on sustainability measures & 3-star ESG rating by FTSE Russell
2021
November
26
November
Hektar REIT publishes Third Quarter 2021 PDF, 716 KB
  • Hektar REIT posts RM19.1 million revenue in 3Q2021
  • Stricter movement restrictions in 3Q adversely impacts mall business
  • Business gradually recovering with easing of restrictions and reopening of economy
  • Rise in consumer sentiment a good sign for malls and the economy
August
26
August
Hektar REIT publishes Second Quarter 2021 PDF, 708 KB
  • Hektar REIT posts RM25.7 million revenue in 2Q2021
  • Government’s move to allow reopening of more retail businesses seen positively
  • Continued commitment towards ESG results in Greenhouse gas emission (CO2e) avoided of 14.3 million kg over 5-years
May
24
May
Hektar REIT publishes First Quarter 2021 PDF, 195 KB
  • Outlook for retail-distributive trade remains challenging
  • Second MCO weighed on mall visits and consumer spending
  • Management remains vigilant in monitoring recovery
February
25
February
Hektar REIT publishes Fourth Quarter 2020 PDF, 253 KB
  • Achieved Revenue at RM111.1 million & Net Property Income of RM53.0million
  • Positive Anchor Commitment at Subang Parade and Mahkota Parade
  • Stable Portfolio occupancy at 88.4%
  • 3-star ESG rating by FTSE Russell
2020
November
25
November
Hektar REIT publishes Third Quarter 2020 PDF, 201 KB
  • Revenue for 3Q2020 reported at RM26.0 million, a decline of 23.8%
  • Opening of Village Grocer in Subang Parade to have positive spillover effect
  • Portfolio Average Occupancy remained steady at 88.5%
  • Gross Rental Income up by 5.7% quarter-on-quarter
August
26
August
Hektar REIT publishes Second Quarter 2020 PDF, 187 KB
  • Revenue for 2Q2020 reported at RM24.6million, a decline of 29.2% due to MCO
  • Portfolio Average Occupancy Remained Steady at 90.7%
  • Management Remains Committed to Pay 90% of Distributable Income for FY2020
  • Focusing on Recovery and launch of new supermarket anchor in Subang Parade
May
22
May
Hektar REIT publishes First Quarter 2020 PDF, 200 KB
  • 1Q 2020 Net Property Income recorded at RM15.7 million
  • Focus on building back customer’s confidence post MCO
  • Portfolio: Average Occupancy at 91.3%
February
26
February
Hektar REIT publishes Fourth Quarter 2019 PDF, 219 KB
  • Higher Revenue at RM137.1 million
  • Net Property Income achieved RM75.4 million
  • Positive Rental Reversions for Five out of Six Malls
  • Portfolio Stability: Average Occupancy at 92.5%
  • Visitor Traffic Stable at 32.3 million visits in 2019
2019
November
27
November
Hektar REIT publishes Third Quarter 2019 PDF, 207 KB
  • Positive Rental Reversion for Third Quarter
  • 3Q 2019 Revenue reported at RM34.1million, up 2.1%
  • Net Income per Unit increased 28% compared to last year
  • Double-digit Rent Reversions again for three of six malls
  • Portfolio Average Occupancy Improves at 91.9%
13
November
Hektar REIT wins “Highest Return on Equity Over Three Years” Award at The Edge Malaysia Centurion Club 2019 Awards PDF, 678 KB
  • Honouring commitment to unitholders
September
20
September
Hektar REIT honoured again with Green Initiative Award at the Asia Corporate Excellence & Sustainability Awards (ACES) 2019 PDF, 747 KB
  • Hektar REIT’s win is recognition for resolute sustainability efforts
05
September
Hektar REIT recognised internationally as flagship shopping centre Subang Parade wins award for energy efficiency initiatives PDF, 747 KB
  • Hektar REIT was honoured during the ASEAN Energy Awards & gala dinner (AEA) 2019
August
29
August
Hektar REIT publishes Second Quarter 2019 PDF, 207 KB
  • Hektar REIT Focuses on Bringing New Experiences to Customers
  • 2Q 2019 Revenue reported at RM34.7million, up 2.6%
  • Portfolio Average Occupancy Steady at 90.8%
  • Parkson to Refurbish in Subang Parade
05
August
Hektar REIT’S flagship shopping centre Subang Parade award for energy efficiency initiatives PDF, 701 KB
July
12
July
Hektar wins in its journey to give back to the community PDF, 681 KB
  • Hektar honoured at the CSR Malaysia Awards 2019
May
23
May
Hektar REIT publishes First Quarter 2019 PDF, 707 KB
  • Hektar REIT Reviewing Portfolio Anchor Strategies
  • 1Q 2019 Revenue reported at RM33.3million
  • Double-digit Rent Reversions for three of six malls
February
28
February
Hektar REIT publishes Fourth Quarter 2018 PDF, 669 KB
  • Higher revenue at RM135.1M, up 7.6%
  • Net Property Income increased to RM78.7M, up 6.8%
  • Double-digit Rent Reversions & Visitor Traffic growth for Kedah malls
  • Double-digit Rent Reversions in Melaka and Muar
  • Portfolio stability: average occupancy at 92%, annual visitor traffic up 9%
2018
November
27
November
Hektar REIT publishes Third Quarter 2018 PDF, 584 KB
  • Healthy rental reversions propel Net Property Income up by 14%
  • Rental Reversions of 7.9% underscore strong leasing performance
August
16
August
Hektar REIT publishes Second Quarter 2018 PDF, 580 KB
  • Gross revenue increased by 10%, Net Property Income increased 8%
  • 1H 2018 NPI 9% up compared with 1H 2017
03
August
Hektar REIT wins Gold at APAC Best of the Breeds REITs Awards PDF, 685 KB
May
22
May
Hektar REIT publishes First Quarter 2018 PDF, 499 KB
  • Positive eleven-year track record, Hektar REIT remains resilient
  • Gross Revenue and Net Property Income increased 10%
  • Realised Income rose 11%
February
12
February
Hektar REIT publishes Fourth Quarter 2017 PDF, 134 KB
  • 11 Years of sustainable growth
  • 4Q2017 Gross Revenue up 7.3%; NPI up 11.7% from preceding year
  • Final Distribution per Unit declared at 3.30 Sen
2017
November
24
November
Hektar REIT publishes Third Quarter 2017 PDF, 133 KB
  • Gross Revenue at RM30.5M, Net Property Income at RM17.1M
  • Hektar REIT to Further Strengthen its Portfolio of Assets
August
08
August
Hektar REIT publishes Second Quarter 2017 PDF, 125 KB
  • Special Income Distribution per Unit of 4.00 sen declared
  • Portfolio Occupancy Rate achieved at 94.8%
May
23
May
Hektar REIT publishes First Quarter 2017 PDF, 124 KB
  • Portfolio occupancy rate achieved at 96.4%
  • Emphasis on Asset Enhancement Initiatives
February
14
February
Hektar REIT publishes Fourth Quarter 2016 PDF, 126 KB
  • Portfolio occupancy rate achieved at 96.2%
  • DPU maintained at 2.70sen
  • YTD distribution declared 10.5 sen
2016
November
17
November
Hektar REIT publishes Third Quarter 2016 PDF, 126 KB
  • Portfolio occupancy rate achieved at 95.1%
  • DPU maintained at 2.60 sen
August
01
August
Hektar REIT publishes Second Quarter 2016 PDF, 111 KB
  • Portfolio occupancy rate achieved at 96.5%
  • Gross Revenue maintained at RM30.9 million
  • DPU maintained at 2.60 sen
April
25
April
Hektar REIT publishes First Quarter 2016 file offline
  • Portfolio occupancy rate achieved at 96.1%
  • Gross Revenue up 1.3%
  • DPU maintained at 2.60 sen
February
17
February
Hektar REIT publishes Fourth Quarter 2015 PDF, 109 KB
  • Portfolio occupancy rate achieved at 96.6%
  • Gross Revenue up 3.6%
  • DPU maintained at 2.70 sen
2015
November
27
November
Hektar REIT publishes Third Quarter 2015 PDF, 80 KB
  • Portfolio occupancy rate achieved at 97.5%
  • Gross Revenue up 1.9%
  • DPU maintained at 2.60 sen
August
14
August
Hektar REIT publishes Second Quarter 2015 PDF, 83 KB
  • Gross Revenue up 2.6%
  • NPI up 5.6%
  • DPU announced at 2.60sen
May
15
May
Hektar REIT publishes First Quarter 2015 PDF, 73 KB
  • Positive Results with Gross Revenue up 3.4%, NPI up 5.8%
  • Realised Net Income up 6.1%
  • Completion of AEI at Central Square
February
13
February
Hektar REIT publishes Fourth Quarter 2014 PDF, 81 KB
  • Reduction in Realised Net Income due to tariff hike and ongoing AEI
  • However, DPU is maintained at 10.50 sen for the year (4Q2014 : 2.70 sen)
2014
November
07
November
Hektar REIT publishes Third Quarter 2014 PDF, 121 KB
  • Seven Years Track Record of Positive Results – distribution and net income
  • Slight drop in realised net income mainly due to tariff hike impact
August
15
August
Hektar REIT publishes Second Quarter 2014 PDF, 116 KB
  • Revenue up by 1.8%
  • NPI increased by 4.2%
  • DPU maintained at 2.60 sen
May
06
May
Hektar REIT publishes First Quarter 2014 PDF, 27 KB
  • Revenue increased by 0.3%
  • DPU maintained at 2.60 sen
February
12
February
Hektar REIT publishes Fourth Quarter 2013 PDF, 30 KB
  • Revenue increased by 4.7%
  • NPI up by 10.3%
  • Realised Net Income up by 21.7%
  • 4Q14 DPU declared at 2.70 sen.
2013
November
12
November
Hektar REIT publishes Third Quarter 2013 PDF, 126 KB
  • Revenue increased by 18.3%
  • NPI up by 12.0%; Net Income up by 11.7%
  • 3Q13 DPU declared at 2.60 sen
August
02
August
Hektar REIT publishes Second Quarter 2013 PDF, 123 KB
  • Revenue increased by 22.0%
  • Net Property Income up by 21.3%
  • 2Q DPU declared at 2.60 sen
  • RM 23 million AEI at Central Square
May
07
May
Hektar REIT publishes First Quarter 2013 PDF, 126 KB
  • Net Income (Realised) increased by 13.7%
  • Portfolio occupancy at 95.5%
  • 1Q DPU declared at 2.60 sen
February
05
February
Hektar REIT publishes Fourth Quarter 2012 PDF, 124 KB
  • Two newly acquired malls;
  • Portfolio occupancy at 96.3%;
  • 4Q DPU declared at 2.70 sen
2012
September
10
September
Hektar REIT publishes Third Quarter 2012 PDF, 119 KB
  • Portfolio Occupancy maintained at 97.8%
  • NPI up by 8.9% to RM15.9 million
August
10
August
Hektar REIT publishes Second Quarter 2012 PDF, 124 KB
  • Second Quarter DPU of 2.60 sen declared
  • NPI up by 4.2% to RM14.7 million
May
25
May
Hektar REIT publishes First Quarter 2012 PDF, 124 KB
  • Highest First Quarter DPU declared at 2.60 sen
  • Overall Occupancy increased to 98.2%
February
13
February
Hektar REIT publishes Fourth Quarter 2011 PDF, 127 KB
  • Net Income up by >100%
  • Rental reversion +20%
  • Final Quarter 2011 DPU at 3.0 sen
2011
November
04
November
Hektar REIT publishes Third Quarter 2011 PDF, 119 KB
  • Net Property Income up by 6%
  • Supported by rental reversion, up 27%
  • Third Quarter 2011 DPU at 2.5 sen
August
17
August
Hektar REIT publishes Second Quarter 2011 PDF, 119 KB
  • Net Property Income up by 7%
  • Supported by rental reversion, up 15%
  • Second Quarter 2011 DPU at 2.50 sen
May
19
May
Hektar REIT announces appointment of a new Property Manager PDF, 67 KB
  • Hektar REIT Gets New Property Manager As Strategic Move To Grow Portfolio
11
May
Hektar REIT publishes First Quarter 2011 PDF, 21 KB
  • Net Property Income up by 1.9%
  • Supported by Rental Reversions, up 11%
  • First Quarter 2011 DPU at 2.50 sen
February
17
February
Hektar REIT publishes Fourth Quarter 2010 PDF, 23 KB
  • Financial Year 2010 (FY2010) Net Income Reaches RM39.2 million, up 5.5% from FY2009
  • Final Quarter 2010 DPU declared at 2.80 sen
  • FY2010 DPU: 10.30 sen, representing a yield of 7.7%
2010
November
03
November
Hektar REIT publishes Third Quarter 2010 PDF, 23 KB
  • Third Quarter DPU Declared At 2.5 sen, Up 4.2%
  • Continuous Enhancements In Portfolio
August
03
August
Hektar REIT publishes Second Quarter 2010 PDF, 24 KB
  • Net Income at 2.85 sen per Unit, up 3.2%
  • Quarterly Revenue Reached RM22.2 million, up 1.6%
  • Second Quarter DPU at 2.5 sen, up 4.2%
  • New Board Appointment
May
05
May
Hektar REIT publishes First Quarter 2010 PDF, 28 KB
  • First Quarter DPU Declared at 2.5 sen
  • Mahkota Parade Re-Launched
February
02
February
Hektar REIT publishes Fourth Quarter 2009 PDF, 22 KB
  • Net Income (Realised) at 11.30 sen per unit, up 1.4%
  • Revenue at RM87.7 million, up 4.3%
  • FY2009 DPU declared at 10.30 sen, up 1.0%
2009
November
04
November
Hektar REIT publishes Third Quarter 2009 PDF, 25 KB
  • Hektar REIT Q3 Net Income Reaches RM9.59 million
  • Q3 DPU Declared at 2.40 sen
August
11
August
Hektar REIT publishes Second Quarter 2009 PDF, 25 KB
  • Q2 Revenue Up 4.6% over Previous Year's Quarter
  • Portfolio Occupancy Steady at 97%
  • Q2 DPU at 2.40 sen
May
18
May
Hektar REIT publishes First Quarter 2009 PDF, 25 KB
  • 84% of portfolio rental income locked-in for 2009
February
04
February
Hektar REIT publishes Fourth Quarter 2008 PDF, 21 KB
  • Income up 7%
  • Net Income Outperformed Forecast by 25.7%
  • FY2008 DPU at 10.20 sen, exceeds FY2007 by 3.2% on an annualised basis
  • Final Quarter DPU declared at 3.00 sen
2008
November
04
November
Hektar REIT publishes Third Quarter 2008 PDF, 17 KB
  • Revenues Up 21% Over Preceding Year Quarter
  • Current Quarter Net Income reaches 3 Sen per Unit
  • Third Quarter Dividend declared at 2.40 sen
August
13
August
Hektar REIT publishes Second Quarter 2008 PDF, 22 KB
  • Net Income up 10.9% over Preceding Year Quarter
  • Current Quarter Revenues hit RM20.9 million
  • Second Quarter DPU declared at 2.40 sen
May
05
May
Hektar REIT publishes First Quarter 2008 PDF, 20 KB
  • Net Property Income up 18.2%
  • Net Property Income Outperformed Budget by 18.2%
  • First Quarter DPU declared at 2.40 sen
April
17
April
Hektar Asset Management announces appointment of three new directors file offline
  • Frasers Centrepoint Asset Management (Malaysia) directors to join board
March
05
March
Hektar and Frasers ink Joint-Venture Agreement PDF, 32 KB
  • Signing fulfills Sale and Purchase Agreement
February
18
February
Hektar REIT announces acquisition PDF, 20 KB
  • To acquire integrated retail development in Muar, Johor for RM117.5 million
  • Increase in asset size by 21%
  • Hektar to remain retail-focused
04
February
Hektar REIT publishes Fourth Quarter 2007 PDF, 20 KB
  • DPU 11% Above Forecast
  • Net Income Outperformed forecast by 19.1%
  • Financial Year 2007 DPU of 10.71 sen for 13 months
  • Final Quarter DPU declared at 3.51 sen
January
09
January
Hektar REIT records healthy growth in Net Asset Value PDF, 17 KB
  • Hektar REIT Net Asset Value up 15% in 2007
2007
November
07
November
Hektar REIT publishes Third Quarter 2007 PDF, 20 KB
  • Hektar REIT on Track to Outperform 2007 Forecast
  • Earnings look set to exceed Dividend Forecast for 2007
  • Continued Operational Outperformance of Malls in Q3 ‘07
August
06
August
Hektar REIT publishes Second Quarter 2007 PDF, 21 KB
  • Hektar REIT Outperforms Expectations Again in Q2
  • High mall occupancies, New Strategic Partnership will accelerate Growth
May
16
May
Hektar Group announces strategic partnership with Frasers Centrepoint Limited PDF, 33 KB
  • Frasers Centrepoint Trust to acquire cornerstone stake in Hektar REIT and Hektar Asset
  • Frasers Centrepoint Limited to take equity stake in Hektar Asset Management
  • Strategic partnership to accelerate Hektar Group's acquisition and development pipeline
April
23
April
Hektar REIT publishes First Quarter 2007 PDF, 21 KB
  • Hektar REIT to Announce Quarterly Dividend Policy
  • Hektar REIT 1Q07 Net Income Exceeds Forecast by 18.6%
1970
January
01
January
Hektar REIT publishes Second Quarter 2023 PDF, 201 KB
  • HEKTAR REIT DELIVERS SOLID PERFORMANCE WITH NPI GAINS OF 13%
  • PORTFOLIO OCCUPANCY RATE SHOWED CONTINUOUS IMPROVEMENT TO 85.7%