Pavilion REIT's recovery to continue in 2H

KUALA LUMPUR: Pavilion Real Estate Investment Trust (REIT) is expected to continue to benefit from rising footfall as its latest earnings revealed a recovery due to the improving economy and elevated retail sales from the Aidil Fitri festivities.

For 2QFY22, Pavilion REIT reported core profit of RM55mil, which brough 1H22 earnings to RM120mil.

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