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.
PavREIT says Pavilion KL, Elite's footfalls unaffected by opening of TRX mall
Pavilion KL and the Pavilion Elite remained PavREIT's largest earnings contributors, accounting for about 77% (Pavilion KL) and 10.
Bangsar Heights Pavilion appoints Hyatt Hotels Corp to operate Hyatt Place Johor Bahru City Centre at Quayside JBCC
Quayside JBCC is a RM600 million mixed-use development comprising 482 units of serviced suites, 24 retail lots, 200 hotel rooms as well as a rooftop bar and fine dining area, all integrated in a 29-storey tower.
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.
