Established on 10 August, 2006, and listed on the main market of Bursa Malaysia, Al- `Aqar embarked on its journey with a modest portfolio of six properties. Over time, it has transformed into a robust entity, now encompassing an extensive portfolio of 24 properties spanning diverse segments, with a notable focus on healthcare. This diverse segments includes 17 hospitals, four wellness/health centers, two colleges, and an aged care facility, solidifying Al-`Aqar's presence in the real estate investment trust landscape. At the helm of Al-`Aqar's growth is Damansara REIT Managers Sdn Berhad (DRMSB), proudly serving as the fund manager. As a wholly-owned subsidiary of Johor Corporation and supported by KPJ Healthcare Berhad, DRMSB has played a pivotal role in fostering Al-`Aqar's growth. As at 31 December 2023, Al-`Aqar's properties value stood at RM1.64 billion and market capitalisation of RM1.04 billion.
REIT - Healthcare Facilities
Real Estate
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