IGB REIT records net profit of RM81.55mil, distributable income of 2.56/unit

KUALA LUMPUR: IGB Real Estate Investment Trust (REIT) said it remains cautious over retail sales growth, which would affect the performance of its tenants at its shopping malls.

"The primary challenge for Malaysia’s retail sector is still the escalating cost of living affecting consumers across income brackets," it said in a results filing with Bursa Malaysia.