Pavilion REIT's 4Q net property income edges higher on stronger rental contributions from Pavilion Bukit Jalil
The REIT’s distributable income for 4QFY2024 stood at RM88.
Analysts raise earnings forecast after PavReit adds two hotels to portfolio
After acquiring two premier hotels namely Banyan Tree Hotel and Pavilion Hotel in Kuala Lumpur for a sum of RM480 million.
Pavilion REIT proposes to buy chairman’s KL hotels for RM480m
Pavilion REIT said the acquisitions align with its commitment to deliver premium offerings while capitalising on synergistic opportunities with Pavilion KL mall.
Pavilion REIT’s 3Q net property income rises 8.6%; distributes 2.38 sen per unit
Quarterly revenue grew 4% to RM207.
Analysts say Pavilion REIT's earnings may pick up in 2H, keep 'buy' calls
Net profit for the January-June period of RM150 million accounted for 44% of the consensus full-year estimate, though analysts expect earnings to catch up with forecasts on the back of higher tourist arrivals, year-end shopping season, and improved occupancy rates.
Pavilion REIT’s 2Q NPI up 18.8%, distributes 4.53 sen per unit
Pavilion REIT, whose share price has risen 14.
Pavilion REIT climbs over one-month high, analysts say earnings growth on track
Shares in Pavilion REIT edged up 1.
Pavilion REIT’s 4Q net property income up 39%, pays 4.6 sen DPU
Quarterly revenue increased 47.
Pavilion REIT cancels MOUs to power Pavilion KL, Intermark and Pavilion Bukit Jalil with renewable energy
The terminations are due to the REIT's unsuccessful bids to the Energy Commission to participate in the CGPP, according to its filing to Bursa Malaysia on Friday.
MIDF lowers FY2023F/2024F/2025F earnings forecast for Pavilion REIT, trims target price to RM1.48
Nevertheless, the research house said on a brighter note, the earnings outlook for Pavilion REIT remains optimistic, driven by a positive rental reversion outlook for Pavilion KL Mall.
