Sunway REIT expects stable outlook


Sunway's iconic pyramid

PETALING JAYA: Sunway Real Estate Investment Trust (REIT) is expected to see stable outlook for its office and other divisions, says MIDF Research following a virtual meeting with its managers.

“Performance of the office division was stable in the first quarter of financial year 2021 (FY21) by recording a 10% increase in net property income. The office division is expected to remain stable in the near-term as rental reversion is expected to be flattish, ” it said.

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