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Sunway Reit

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Sunway REIT records a set of strong financial performance

Sunway REIT records a set of strong financial performance

Sunway REIT says its gross revenue climbed 47.7% to RM154.0 million in 1Q FY2022 underpinned by higher revenue from all segments. Net property income for the Retail segment more than doubled to RM70.3 million in 1Q FY2022 on the back of strong recovery in retail footfall and

Sunway REIT expects growth to improve in FY2022

business performance

Sunway REIT expects growth to improve in FY2022

Sunway City Kuala Lumpur, 28 January 2022 – Dato Jeffrey Ng, CEO of Sunway Real Estate Invst Trust, says, some of the company’s business has seen 100% normalcy, reaching pre-pandemic levels. “It is heartening to observe that retail footfall and retail sales for Sunway REIT have returned to 100% normalcy