The following section represents an archive of press releases.

2024
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
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
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
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%