KUALA LUMPUR: IGB Commercial Real Estate Investment Trust (IGBCR) has seen a fair value gain of RM500,000 to RM3.161bil, after a valuation exercise on its investment properties as at Dec 31, 2021.

       In a filing with Bursa Malaysia, IGB REIT Management Sdn Bhd said the valuation was carried out by Henry Butcher Malaysia Sdn Bhd.

       Based on the unaudited results as at Dec 31, 2021, the NAV (net asset value) per unit of 99.56 sen increased to 99.58 sen (increase of 0.02 sen per unit).