Hektar Real Estate Investment Trust · MYX:HEKTAR
Hektar Real Estate Investment Trust — Q3 2025 Earnings Presentation
21 slides from Hektar Real Estate Investment Trust's earnings presentation, Nov 25, 2025
Slide 1: Hektar Real Estate Investment Trust 3Q25 Results Presentation
Creating The Places People Love HEKTAR REAL ESTATE INVESTMENT TRUST 3Q25 Results Presentation 25 Nov 2025
Slide 2: Hektar REIT: Malaysia's First Retail-Focused REIT
Hektar REIT: Malaysia’s First Retail-Focused REIT 2 Diversifying while maintaining our retail-centered niche ORGANISATION GEOGRAPHICALLY WELL-DIVERSIFIED DISCLAIMER: The material that follows is a presentation of general background information about the activities of Hektar REIT (including Hektar RE
Slide 3: Table of Contents
Table of Contents 3 01 Financial & Portfolio Highlights 02 Portfolio Performance 03 Portfolio Updates 04 Asset Enhancement Works Updates
Slide 4: Financial Highlights
4 Financial Highlights
Slide 5: Financial & Operational Summary
Financial & Operational Summary 5 Financial Performance (3Q2025) vs Previous Year (3Q2024) Gross Revenue RM31.1 million (+4.2% Y-o-Y) Net Property Income RM14.9million (-0.1% Y-o-Y) Realised Net Income RM4.0 million (-5.8% Y-o-Y) Debt Maturity Profile 90.5% of Debt maturing from 2028 onwards Effecti
Slide 6: Performance Summary 3Q25
Performance Summary 3Q25 6 3Q25: Jul- Sep 2025 3Q25 YTD : Jan - Sep 2025 RM ‘000 RM ‘000 4.2% 100,000 (0.8%) 35,000 90,000 30,000 80,000 25,000 70,000 60,000 (8.5%) 20,000 50,000 (0.1%) 15,000 40,000 10,000 30,000 (33.4%) 20,000 5,000 (5.8%) 10,000 0 0 Gross Revenue Net Property Net Realised Gross R
Slide 7: Financial Highlights
Financial Highlights 7 EXPIRY PROFILE 2025-2033 DEBT SUMMARY As at 30 Sept 2025 RM604.9 million Total Debt [FY2024: RM598.3 million] RM547.3 MIL 4.98% Effective Cost [FY2024: 5.03%] 41.60% Gearing Ratio [FY2024: 41.72%] 1.57 times Interest Cover [FY2024: 1.66 times] 1 Gearing ratio calculated by fin
Slide 8: Income Statement 3Q25
Income Statement 3Q25 8 Income Statement As at 30.09.2024 As at 30.09.2025 Variance 3Q25 (RM '000) (RM '000) (%) Revenue 29,799 31,061 4.2% Direct Cost & Property Expenses (14,853) (16,134) 8.6% Net property income (NPI) 14,946 14,927 (0.1%) Income from Fund Placement & Others 406 64 (84.2%) Adminis
Slide 9: Balance Sheet 3Q25
Balance Sheet 3Q25 9 As at As at Balance Sheet 31.12.2024 30.09.2025 Unit Statistics As at 30 Sept 2025 (Audited) (Unaudited) (RM '000) (RM '000) Non-current Assets Investment properties 1,386,500 1,386,500 No. of Units 709,286,684 Plant & Equipment 469 379 Capital work in progress 5,144 10,112 1,39
Slide 10: Portfolio Performance
10 Portfolio Performance 3Q2025 Occupancy at 86.9% ► 3Q2025 Rental Reversion at -4.0%► Increased Footfall at 5.6 million (▲ 1.3% Y-O-Y) for 3Q2025 ►
Slide 11: Portfolio Occupancy – 3Q2025 Committed Occupancy at 86.9%
PRIVATE & CONFIDENTIAL 11 Portfolio Occupancy – 3Q2025 Committed Occupancy at 86.9% Previous Occupancy Occupancy at 3Q25 86.9% 86.7% 84.0% 84.0% 83.5% 82.0% Occupancy FY22 FY23 FY24 1Q25 2Q25 3Q25 Subang Parade 70.3% 74.3% 84.1% 84.1% 84.1% 85.9% Mahkota Parade 86.9% 93.8% 98.2% 97.1% 96.0% 94.8% We
Slide 12: Overall, rental reversion for YTD 2025 remains positive
PRIVATE & CONFIDENTIAL 12 Overall, rental reversion for YTD 2025 remains positive ▪ A total of 106 new/renewed tenancies have been secured YTD, with 84.0% of tenancies added/renewed recorded positive rental reversion. ▪ For Q3 2025, 49 new/renewed tenancies were secured, representing 24.8% of the to
Slide 13: Tenancies expiry well distributed
PRIVATE & CONFIDENTIAL Tenancies expiry well distributed 13 ▪ A total of 346,298 sq ft representing 47.1% of NLA expiring in 2025 as reported in Q1 2025 has been successfully renewed/newly tenanted as of YTD 30 Sept 2025. ▪ Management is actively in the negotiation process to renew the balance of ex
Slide 14: Refreshed retail offerings at Hektar Malls
PRIVATE & CONFIDENTIAL Refreshed retail offerings at Hektar Malls Chagee, Subang Parade Seoul Garden Korbi Grill, Subang Parade Fatcom, Subang Parade Pierre Cardin, Mahkota Parade Boost Juice, Mahkota Parade Pop Meals, Segamat Central Vivo, Mahkota Parade Original Classic, Mahkota Parade
Slide 15: Marketing initiatives
PRIVATE & CONFIDENTIAL 15 Marketing initiatives Matta Fair, Pesta Hari Merdeka, Lion Dance Competition, Central Square Subang Parade Mahkota Parade Footfall : 45,326 (3 days event) Footfall : 18,246 Footfall : 50,458 (2 days event) Coffee and Dessert Festival, Merdeka Fun Run, Muar Street Dance Comp
Slide 16: CSR Initiatives
PRIVATE & CONFIDENTIAL 16 CSR Initiatives Blood Donation Drive, Kulim Central Children Wellbeing Campaign, Mahkota Parade Purrdeka Cat Adoption Drive, Subang Parade
Slide 17: Asset Enhancement Initiative Update
Asset Enhancement Initiative Update PRIVATE & CONFIDENTIAL
Slide 18: Subang Parade - Phase 1 progress on track and to be completed by 1H26
PRIVATE & CONFIDENTIAL 18 Subang Parade - Phase 1 progress on track and to be completed by 1H26 LG Lift Lobby Washroom After Work Progress Update Before Artist Impression Before After
Slide 19: Female Surau Updates
PRIVATE & CONFIDENTIAL Female Surau Updates 19 Before After
Slide 20: Subang Parade - Phase 2 to be completed by 4Q26
PRIVATE & CONFIDENTIAL Subang Parade - Phase 2 to be completed by 4Q26 20 Phase 2 (Exterior Upgrade)
Slide 21: Creating The Places People Love Investor Communications
21 Creating The Places People Love Investor Communications Hektar Asset Management Sdn Bhd Tel: +6 03 6205 5570 Web: www.HektarREIT.com Email: ir@HektarREIT.com
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