KUALA LUMPUR, 10 JUNE 2025 – Paradigm REIT made its debut on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) today, opening flat at RM1.00 per unit with an opening volume of 1.73 million, a resilient showing amid a softened market. The successful listing of Paradigm REIT marks a significant milestone in Malaysia’s real estate investment trust (“REIT”) landscape, making it the largest M-REIT IPO in the past 13 years and one of the largest IPOs in Malaysia for 2025.
Earlier in May 2025, Paradigm REIT’s IPO garnered strong investor interest, with the public tranche oversubscribed by 1.49 times. The non-Bumiputera portion, in particular, saw an oversubscription of 3.70 times. The robust demand reflects investor confidence in Paradigm REIT’s high-quality asset portfolio, compelling value proposition, and its potential to deliver consistent and sustainable income over the long term. The strong institutional demand, with full subscription of the 426.6 million units offered (after clawback and reallocation), further validates Paradigm REIT’s investment appeal.
“The listing of Paradigm REIT marks a proud milestone for our team and for Malaysia’s REIT landscape. While we opened flat at RM1.00, we view this as a stable and encouraging start—especially in a market where volatility has become the norm. The strong support from both institutional and retail investors affirms confidence in our portfolio and long-term strategy. We remain focused on delivering consistent value to our unitholders and executing our strategy in making our assets more value-accretive,” remarked Tan Sri Shahril Ridza Bin Ridzuan, the Chairman and Independent Non-Executive Director of Paradigm REIT Management Sdn Bhd.
Managed by Paradigm REIT Management Sdn Bhd and sponsored by WCT Holdings Berhad, Paradigm REIT aims to maintain a disciplined acquisition strategy while leveraging on WCT Holdings Berhad’s development expertise and network to unlock future growth opportunities. Paradigm REIT is expected to deliver an attractive distribution yield, backed by stable cash flows from its diversified and well-tenanted retail assets.
Paradigm REIT has committed to distributing at least 90% of its distributable income on a half-yearly basis, making it an appealing proposition for income-seeking investors.
Paradigm REIT’s current portfolio comprises three prime shopping centres – Paradigm Mall Petaling Jaya, Paradigm Mall Johor Bahru, and Bukit Tinggi Shopping Centre – collectively valued at RM2.4 billion and strategically located in high-traffic, high-growth urban areas.
