Hektar Real Estate Investment Trust · MYX:HEKTAR
Hektar Real Estate Investment Trust — Q1 2026 Earnings Presentation
16 slides from Hektar Real Estate Investment Trust's earnings presentation, May 21, 2026
Slide 1: Hektar REIT 1Q26 Results Presentation
Creating The Places People Love HEKTAR REAL ESTATE INVESTMENT TRUST 1Q26 Results Presentation 21 May 2026
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
Slide 4: Financial Highlights
4 Financial Highlights
Slide 5: Financial & Operational Summary
Financial & Operational Summary 5 Financial Performance 1Q26 vs 1Q25 Gross Revenue RM31.02 million (+0.3% Y-o-Y) Net Property Income RM15.28 million (+1.8% Y-o-Y) Realised Net Income RM4.65 million (+11.8% Y-o-Y) Debt Maturity Profile 95.4% of Debt maturing from 2028 onwards Effective Cost of Debt 4
Slide 6: Financial & Performance Highlights
Financial & Performance Highlights 6 1Q26: JAN TO MAR 2026 DEBT PROFILE AS AT 31 MARCH 2026 2026-2033 (RM million) (RM million) +0.3% 600 579.7 35.00 30.93 31.02 30.00 400 25.00 +1.8% 200 20.00 15.01 15.28 19.2 4.2 15.00 0 +11.8% 2026 2027 2028 2028 onwards 10.00 4.16 4.65 5.00 DEBT SUMMARY As at 31
Slide 7: Income Statement 1Q26
Income Statement 1Q26 7 As at As at Variance Income Statement 31.03.2025 31.03.2026 1Q26 (RM '000) (RM '000) (%) Revenue 30,932 31,025 0.3% Direct Cost & Property Expenses (15,924) (15,747) 1.1% Net property income (NPI) 15,008 15,277 1.8% Income from Fund Placement & Others 532 177 (66.7%) Trust ex
Slide 8: Balance Sheet 1Q26
Balance Sheet 1Q26 8 As at As at 31/3/2025 31/3/2026 Unit Statistics As at 31 March 2026 (Audited) RM (Unaudited) RM NON-CURRENT ASSETS Investment properties 1,405,379,836 1,406,510,685 Property, plant & equipment (“PPE”) 349,148 1,405,728,984 1,619,085 1,408,129,770 No. of Units 709,286,684 CURRENT
Slide 9: Portfolio Performance
9 Portfolio Performance Occupancy at 86.1% ► 1Q26 Rental Reversion at 3.0% ► Footfall at 5.6 million ►
Slide 10: Portfolio Occupancy – 1Q2026 Committed Occupancy increased to 86.1%
PRIVATE & CONFIDENTIAL 10 Portfolio Occupancy – 1Q2026 Committed Occupancy increased to 86.1% 86.7% 86.1% 84.0% 82.5% 82.0% Previous Occupancy Committed Occupancy 1Q26 Occupancy FY22 FY23 FY24 FY25 1Q26 Subang Parade 70.3% 74.3% 84.1% 84.7% 84.7% Mahkota Parade 86.9% 93.8% 98.2% 94.0% 93.8% Wetex Pa
Slide 11: Tenancies expiry well distributed
PRIVATE & CONFIDENTIAL Tenancies expiry well distributed ▪ As at 31 March 2026, A remaining total of 603,046 sq ft of NLA / 29.3% of Portfolio NLA will expire in 2026. Lease Expiry is evenly distributed, showcasing low concentration risk, strategic planning of renewals and opportunity for tenancy re
Slide 12: 1Q26 positive rental reversions at 3.0% previous rent
PRIVATE & CONFIDENTIAL 12 1Q26 positive rental reversions at 3.0% previous rent. ▪ 30 tenancies representing 11.3% of total NLA have been secured/renewed for the quarter ended 31 March 2026. ▪ For 1Q 2026, the portfolio recorded an overall positive rental reversion of 3.0% over previous contracted r
Slide 13: Marketing initiatives
PRIVATE & CONFIDENTIAL Marketing initiatives 13 Art Exhibition, Central Square Haowan Market, Subang Parade CNY Celebration, Mahkota Parade Majlis Pelancaran Johor Cultura, Dragon Dance Championship, Wetex Parade 30th Anniversary Segamat Central Kulim Central Wetex Parade
Slide 14: Refreshed retail offerings at Hektar Malls
PRIVATE & CONFIDENTIAL Refreshed retail offerings at Hektar Malls Sport Planet, Subang Parade Daisy by Voir, Subang Parade Lucky Cup,Mahkota Parade Rest N Go Lounge, Mahkota Parade Honda, Kulim Central Hot Market, Kulim Central Lucky Cup, Wetex Parade Pickly Buddy(Expansion), Segamat Central
Slide 15: CSR Initiatives
PRIVATE & CONFIDENTIAL CSR Initiatives Cat Adoption Event, Subang Parade Rotary Club Blood Donation Drive, Segamat Central Raya CSR with Anak Yatim, Mahkota Parade Bubur Lambuk Giveaway, Wetex Parade & Kulim Central
Slide 16: Investor Communications
16 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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