IGB REIT's Mid Valley Megamall in Kuala LumpurIGB REIT's Mid Valley Megamall in Kuala Lumpur

IGB REIT has reported an MYR166 million uplift in the valuation

The uplift came after the REIT obtained independent valuations, as at 30 September 2023, for the 2 properties it owns.

IGB REIT is a Malaysia-listed REIT that owns two retail assets, Mid Valley Megamall and The Gardens Mall.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.