CapitaLand Malaysia Trust (KLSE:CLMT) is actively in talks with related parties on the acquisition of additional properties in the Klang Valley, Johor, and Penang as part of its portfolio reconstitution efforts. CapitaLand Malaysia REIT Management Sdn Bhd (CMRM) chief executive officer Tan Choon Siang said the company is pursuing inorganic growth by exploring yield-accretive investment opportunities in new asset classes, particularly industrial assets. "At the same time, we are also looking at divesting low-yielding assets as part of the capital recycling effort", he said during a virtual media briefing in conjunction with CLMT financial results.

He emphasised that CMRM would also speed up its asset acquisition efforts, focusing on quality and yield-accretive assets in new sectors.