MarketIQ Malawi
Icon Properties plc (ICON)
Malawi Stock Exchange · Real Estate · Data as of 9 Sep 2026
MK 16.98+6.1% YTD
Key figures
| Share price | MK 16.98 |
| Market capitalisation | MK 113.4 bn |
| P/E ratio | 3.47× |
| Price / book | 0.65× |
| Dividend yield | 1.83% |
| 52-week range | MK 15.96 – MK 17.95 |
| Listed | 21 Jan 2019 at MK 8.75 |
Total return (price)
| Year to date | +6.1% |
| 1 month | -0.1% |
| 3 months | -0.1% |
| 6 months | +6.3% |
| 1 year | -5.4% |
| 3 years | -10.4% |
| 5 years | +40.1% |
| Since listing | +61.7% |
| CAGR p.a. (since listing) | +7.4% |
Return by calendar year
| 2020 | +16.9% |
| 2021 | +5.0% |
| 2022 | -7.3% |
| 2023 | +49.4% |
| 2024 | +1.1% |
| 2025 | -11.4% |
| 2026 | +6.1% |
About ICON
ICON Properties plc (ICON) is a property investment company engaged in the ownership, leasing, development and management of real estate assets in Malawi. Its portfolio comprises commercial, retail, residential and mixed-use properties across major urban centres, including Blantyre, Lilongwe, Zomba and Mzuzu. The company was formed through the consolidation of several property holding entities and operates as part of the NICO Group, with property management outsourced to a specialist operator.