Malaysian REIT Managers Association

What Malaysian REIT Managers Association does

The Malaysian REIT Managers Association (MRMA) is a non-profit professional industry association established in May 2010 in Kuala Lumpur, Malaysia, serving as the collective representative body for the Malaysian REIT industry. Its primary constituents are the management companies of REITs listed on Bursa Malaysia (19 Full Members covering 18 listed and 1 unlisted REIT as of recent disclosures), supplemented by Associate Members (asset managers, institutional investors), Individual Members (invited industry leaders), and Academic Members. MRMA's core purpose is to develop common standards in financial reporting, disclosure, and corporate governance in line with international best practices, and to lobby Malaysian regulators including the Securities Commission, Bursa Malaysia, and Bank Negara Malaysia on functional regulations, viable structures, and tax harmonization to enhance M-REIT competitiveness.

MRMA generates revenue solely through a four-tier annual membership fee structure: Full Members pay RM12,000/year (effective 1 January 2024), Associate Members RM5,000/year, Individual Members RM2,500/year, and Academic Members RM1,000/year. Its product surface consists of annual industry forums (Malaysian REIT Forum held in 2019, 2022, 2024, plus the 2025 20th Anniversary Gala), webinars, quarterly general meetings, networking dinners, research distribution (BNM Economic & Monetary Review, BNM Annual Report), a public member directory of 25 organizations, and a commemorative Coffee Table Book. There is no proprietary technology platform; MRMA's value lies in its convening power, regulatory access, and credentialed continuing professional education (CPE/CPD points via SIDC, LPPEH/BOVAEP).

The association is governed by an Executive Committee elected from member CEOs, with leadership rotating among senior executives of major REIT managers (KLCC REIT, Sunway REIT, Pavilion REIT, Axis REIT, CapitaLand Malaysia REIT, Sentral REIT, and others). MRMA distributes its services through direct membership enrollment, an open website directory, and event marketing. Its geographic footprint is single-country (Malaysia), with selective international partnerships (notably with APREA) for cross-border perspective. The underlying Malaysian REIT industry has expanded materially under MRMA's tenure, with market capitalization rising from RM9 billion in 2010 to RM41 billion as of December 2023 (approximately 37% CAGR), and 20 listed plus 2 unlisted REITs contributing over RM50 billion to capital markets over 20 years.

Name

Malaysian REIT Managers Association

Legal name

Malaysian REIT Managers Association

Website

https://mrma.my

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

The Malaysian REIT Managers Association (MRMA) is a Kuala Lumpur-based non-profit industry association founded in May 2010 that represents all listed Malaysian REIT management companies. It funds itself through tiered annual membership fees (RM1,000-RM12,000) and delivers industry forums, regulatory advocacy, research distribution, and continuing professional education for the Malaysian REIT sector.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Membership Fees: MRMA generates revenue through annual membership fees from four categories: Full Members (RM12,000/year effective 1/1/2024 - for REIT management companies listed on Malaysian stock exchange), Associate Members (RM5,000/year - for asset managers and institutional investors), Individual Members (RM2,500/year - for distinguished individuals invited by the Management Board), and Academic Members (RM1,000/year - for academic institutions involved with real estate sector).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

MRMA is a membership-based industry association that delivers collective representation for Malaysian REIT managers through a four-tier membership program (Full Member at RM 12,000/year, Associate Member at RM 5,000/year, Individual Member at RM 2,500/year, Academic Member at RM 1,000/year), supported by annual forums, webinars, networking events, and a Member Directory of 25 firms. The association conducts public-policy work with the Securities Commission Malaysia, Bank Negara Malaysia, and Bursa Malaysia on functional regulations, viable REIT structures, and tax harmonization to develop common standards meeting international best practices in financial reporting, disclosures, and corporate governance.

Product overview

Malaysian REIT Managers Association (MRMA) operates as a collective representation and industry body for the Malaysian real estate investment trust sector, established in May 2010. Rather than offering a unified technology product, MRMA provides a portfolio of member services including annual industry forums (Malaysian REIT Forum 2024, MRMA Forum 2022), webinars (MRMA Webinar 2020), and commemorative events (M-REITS 20th Anniversary Gala Night). The association also offers knowledge resources through Reports & Research publications, operates a four-tier membership program (Academic, Individual, Associate, Full Member) with fees ranging from RM 1,000 to RM 12,000 annually, and maintains a Member Directory of 25 REIT management companies. In 2025, MRMA published a commemorative Coffee Table Book celebrating 20 years of Malaysian REITs.

Differentiator

Problem solved

Functional benefit

Products and services

• MRMA Membership Programs Four-tier membership offering for Malaysian REIT managers, asset managers, institutional investors, academic institutions, and invited individuals, granting access to industry representation, regulatory advocacy, the Member Directory, annual forums, webinars, and shared research resources for fees ranging from RM 1,000 to RM 12,000 annually (Full Member RM 12,000 effective 1/1/2024).

Quantifiable outcome

• M-REITs market capitalization quadrupled from RM9 billion in 2010 to RM41 billion as at 31 December 2023
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Asia Pacific Real Estate Association (APREA)coreStrategic or Co-development Partner · 1 December 2020APREA co-hosted the MRMA Webinar 'Malaysian REITs: Navigating The New Normal' on 1 December 2020, bringing global perspective on Malaysia's REIT market. APREA CEO Sigrid Zialcita participated as keynote speaker at 2020 forum. APREA logo appears on MRMA webinar materials indicating collaborative partnership.
• Bursa Malaysia BerhadcoreStrategic or Co-development PartnerBursa Malaysia launched the Bursa Malaysia REIT Index in October 2017 to increase visibility of M-REITs in the capital market. MRMA works with Bursa on promoting the M-REITs industry. Bursa Intelligence Director Wong Chiun Chiek presented at MRMA Forum 2024 on ESG and sustainability.
• Securities Commission MalaysiacoreStrategic or Co-development PartnerMRMA conducts public policy work and lobbies with Malaysian Government and regulators including Securities Commission for functional regulations, viable structures and tax harmonization to enhance MREIT's competitiveness regionally and internationally.
• Bank Negara MalaysiaminorStrategic or Co-development PartnerMRMA shares BNM's Economic & Monetary Review 2023 and BNM Annual Report 2023 with members through reports section. MRMA members invited to BNM capability building workshops on climate risk.
• Knight Frank Malaysia Sdn BhdminorStrategic or Co-development PartnerKnight Frank Malaysia participates as member and provides research services. Executive Director Amy Wong serves as speaker at MRMA forums on real estate market outlook and trends. Knight Frank listed in member directory.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Nareit (National Association of Real Estate Investment Trusts): U.S. national trade association for REITs and publicly traded real estate companies. The most mature and globally recognized REIT industry association, providing a benchmark for MRMA's long-term development trajectory in terms of standards-setting, research, and advocacy.
• EPRA (European Public Real Estate Association): Europe's leading REIT and listed real estate industry association. Performs comparable standards-setting (EPRA performance metrics), research dissemination, and policy advocacy functions for European listed real estate markets.
• REIT Association of Singapore (REITAS): National REIT managers association in Singapore serving as the directly comparable Southeast Asian peer. Both bodies represent REIT management companies, conduct advocacy with local regulators, and run flagship forums/annual conferences for their respective REIT industries.
• Hong Kong REIT Association: Trade body for Hong Kong-listed REIT managers. Like MRMA, it represents REIT management companies, engages with regulators (SFC/HKEX), and promotes the development of REIT markets in its jurisdiction.
• Property Council of Australia (PCA): Australia's leading industry body representing property and real estate participants including the listed REIT sector (A-REITs). Comparable membership-tier structure, advocacy function, and event-driven engagement model make it a strong parallel to MRMA at greater scale.
• Asia Pacific Real Estate Association (APREA): Asia-Pacific-wide REIT and real estate industry association that is both an MRMA partner and a direct peer at the regional level. APREA performs the same industry-association role (advocacy, research, networking, events) that MRMA performs in Malaysia, but across multiple jurisdictions.

Others

• Knight Frank Malaysia: Global real estate consultancy with a Malaysian office and listed as an MRMA member/service provider. Comparable as a research-publishing, market-data ecosystem participant that intersects with MRMA's standards and research agenda.
• Bursa Malaysia Berhad: Malaysian stock exchange operator and MRMA strategic partner. Bursa launched the Bursa Malaysia REIT Index in 2017 alongside MRMA and serves as the listing venue for all Malaysian REITs, making it a key counterpart rather than a peer.
• Securities Commission Malaysia: Malaysia's securities regulator that MRMA lobbies on REIT regulatory matters. Functions as a regulator and policy counterparty, not a peer, but the closest comparator for MRMA's regulatory-advocacy remit and the body that issues REIT guidelines.

Regional players

• PropertyGuru Malaysia / iProperty Malaysia: While not a REIT managers association, PropertyGuru operates in Malaysian real estate data/research and serves as an adjacent industry participant. Useful comparable for understanding the Malaysian real estate information ecosystem in which MRMA members operate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/malaysianreitmanagersassociation
• LinkedInlinkedin.com/company/mrma

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Malaysian REIT Managers Association