About Us

Corporate Profile​

About PNB Commercial

PNB Commercial Sdn. Berhad, a subsidiary of Permodalan Nasional Berhad (PNB), excels in asset management within Malaysia’s commercial and industrial sectors.
We aim to be renowned for our asset enhancement initiatives, robust growth, high yields, and a portfolio that reflects quality and customer-centricity.
Corporate Profile Overview | PNB Commercial

Realising Potential
in Real Estate

Realising Potential in Real Estate

Our deep market knowledge and data-driven strategies maximize property values and refine investment tactics. Focused on client priorities, we harness cutting-edge technology and a strong network for asset improvement and tenant engagement. Our seasoned team partners with key real estate players to secure lasting success and returns.

Our Vision

We aim to generate exceptional economic value from the assets we manage through excellence in asset management skills, enabling our shareholders to realise superior returns on their investments.

Our Mission

Our mission at PNB Commercial is to be recognised by our target market and the investing public for our expertise in asset turnaround into high-quality, performing assets.

Corporate Structure

Established on 1 October 2020, Malaysia Real Estate (MRE) operates as a key real estate investment entity under Permodalan Nasional Berhad (PNB). It emerged from the reorganization of PNB’s Real Estate Division and encompasses PNB Commercial Sdn. Berhad and PNB Development Sdn. Berhad within its portfolio.

Our Milestones



PNB Property Holdings Sdn Bhd was established.



After PNB’s corporate restructuring, the entity was rebranded as PNB Commercial Sdn. Berhad, unifying prominent firms such as Petaling Garden Berhad, Island & Peninsular Berhad, and Pelangi Berhad under its umbrella.


MIDF Property Berhad (MPB), initially established as Malaysian Industrial Estates Berhad in 1964 under MITI, now operates as a fully-owned subsidiary of PNB Commercial. MPB maintains a robust portfolio of industrial properties available for sale and lease throughout Malaysia.

Get in Touch

Reach out to our experts to know more about our property management and portfolio.

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