LMIR Trust reported higher revenue and net property income for FY 2025, supported by improved portfolio occupancy. Gross revenue rose 5.4% to SGD 205.0 million, rental revenue increased 2.5% to SGD 110.9 million, and net property income grew 4.5% to SGD 120.9 million. In Q4 2025, gross revenue increased 8.1% to SGD 53.3 million and net property income rose 13.8% to SGD 31.6 million, while rental revenue grew 6.5% to SGD 28.6 million. Operationally, portfolio occupancy improved to 86.5% from 81.2% in the prior year, with lease renewals of 82.1% (142,681 square metres) and additional new leases of 118,069.5 square metres. LMIR Trust said it completed an oversubscribed rights issue in January 2026, raising SGD 63.0 million through the issuance of 9.01 billion new units at SGD 0.007 each, with proceeds mainly used for debt repayment; gearing was 43.54% as at end-December 2025. The trust also said it will adopt a new corporate identity as Landmark REIT, with the name change and a broadened investment mandate taking effect from 27 March 2026.

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