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Pavilion REIT sees resilient consumer spending in 4Q
The Star reports that Pavilion REIT recorded net profit of RM92.91 million for the quarter ended September 30, 2026, compared with RM94.58 million a year earlier. Revenue slipped to RM227.29 million from RM227.88 million, mainly reflecting lower advertising income at Elite Pavilion Mall.
Quarterly distributable income was approximately RM96.5 million, equivalent to 2.45 sen per unit. Despite the quarterly profit decline, nine-month net profit increased to RM287.75 million from RM263.67 million. Management expects consumer spending to remain resilient in the fourth quarter, while cautioning that higher household and business costs could make purchasing decisions more selective. That spending outlook remains an expectation.
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