Pavilion Real Estate Investment Trust (REIT) reported a 13.2% year-on-year increase in net profit for the second quarter ended June 30, 2026.
The trust posted net profit of RM89.03 million, up from RM78.66 million in the same period last year, according to a report by New Straits Times.
6% surge in quarterly profit, prompting Hong Leong Investment Bank to upgrade its earnings forecasts.
The result underscores the continued strength of Malaysia’s prime commercial real estate sector.
Pavilion REIT, which owns the high-profile Pavilion Kuala Lumpur shopping mall, has benefited from steady footfall and rental income growth, mirroring trends seen across the region’s top-tier assets.
The earnings come amid a broader positive sentiment for Malaysian REITs.
Peer IGB Commercial Real Estate Investment Trust recently reported a sharp 50.6% surge in quarterly profit, prompting Hong Leong Investment Bank to upgrade its earnings forecasts.