Financial Year Ended 31 December 2025 2024 2023 2022 2021
No. of Months
Actual / Restated
12 months
Actual
12 months
Actual
12 months
Actual
12 months
Actual
12 months
Actual
Presented in RM'000          
Gross rental income 77,562 68,501 69,467 67,901 68,998
Other income 11,263 9,952 6,816 3,899 2,545
Total revenue 88,825 78,453 76,283 71,800 71,543
           
Utilities expenses (8,427) (9,323) (8,517) (5,720) (2,330)
Maintenance expenses (5,031) (4,456) (4,282) (3,523) (3,135)
Quit rent and assessment (1,806) (1,716) (1,952) (1,745) (1,661)
Property manager fee (474) (474) (481) (476) (467)
Other property expenses (11,988) (11,069) (10,142) (8,897) (8,955)
Total property expenses (27,727) (27,038) (25,374) (20,361) (16,549)
           
Net property income 61,098 51,415 50,908 51,439 54,994
           
Investment income 1,132 898 936 512 330
Loss on fair value of investment properties (3,078) (1,947) 12,583 46,675 (12,741)
Gain on disposal of asset held for sale 100        
Total investment income (1,846) (1,049) 13,518 47,186 (12,411)
           
Net investment income 59,252 50,366 64,427 98,625 42,583
           
Islamic financing costs:          
Finance costs (36,923) (38,407) (34,550) (26,629) (24,474)
Imputed finance costs (3,185) (2,090) (1,942) (1,747) (1,565)
Allowance for expected credit losses of trade receivables - - (1,500) (143) (9,528)
Shariah advisors' fee - (8) (9) (10) (11)
Manager’s fees (3,002) (2,611) (2,590) (2,461) (2,478)
Trustee’s fees (132) (130) (128) (117) (120)
Audit fees (240) (230) (590) (270) (200)
Valuation fees (318) (399) (378) (540) (340)
Other expenses (1,615) (960) (856) (706) (680)
Total Fund expenses (45,416) (44,834) (42,543) (32,624) (39,396)
           
Profit before tax 13,836 5,532 21,884 66,001 3,187
Income tax expense (215) (248) (182) (585) 17
Profit for the financial period/year and total comprehensive income for the financial period/year 13,621 5,284 21,702 65,416 3,204
           
Total comprehensive income for the financial period/year is made up as follows:          
Realised 14,135 4,388 7,571 15,733 14,644
Unrealised (513) 896 14,131 49,683 (11,440)
  13,621 5,284 21,702 65,416 3,204
           
Earnings per unit (sen)          
Gross 2.35 0.91 3.74 11.38 0.55
Net 2.35 0.91 3.74 11.28 0.55
           
Net income distribution 12,760 4,060 6,960 14,500 13,340
           
Income distribution per unit (sen):          
Gross 2.20 0.70 1.20 2.50 2.30
Net 2.20 0.70 1.20 2.50 2.30