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I-Berhad, the developer of i-City in Kuala Lumpur, has signed a Sale and Purchase Agreement with Al Rajhi Bank Malaysia for a commercial property. This deal brings one of the world’s leading Islamic banking groups into i-City and highlights strong international interest in its integrated development, which combines residential, commercial, hospitality, and digital infrastructure.
Hektar REIT isn't just about shopping malls anymore, though they remain the bread and butter
Retail Assets: Contributed 93.3% of total revenue. Malls like Central Square and Segamat Central saw improved occupancy and higher rental income.
Education Assets: Contributed 6.7% of revenue (via Kolej Yayasan Saad). This is a newer diversification play for the trust.
