Sunway REIT capex seen at RM60m to RM100m
Maintain outperform with a higher target price (TP) of RM1.
Hotel income boosts Sunway REIT 2Q earnings
KUALA LUMPUR (Feb 7): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) grew 10% year-on-year (y-o-y) to RM103.
Sunway REIT plans minimum RM100m investment for Penang mall extension
PETALING JAYA (Jan 9): Sunway Real Estate Investment Trust (Sunway REIT) is planning a minimum investment of RM100 million, with the bulk of this sum going towards building the second phase of its Sunway Carnival Shopping Mall in Seberang Jaya, on the mainland of Penang.
Raising stake in Sunway South Quay will lead to higher future earnings for Sunway
Sunway Bhd (Oct 11, RM1.
Sunway REIT’s acquisition of Sunway Clio for RM340m is ‘fair’, ‘reasonable’
KUALA LUMPUR (Oct 11): Sunway Real Estate Investment Trust’s (Sunway REIT) proposed acquisition of Sunway Clio Property from Sunway Bhd for RM340 million is fair and reasonable, and not detrimental to the minority shareholders, says independent adviser AmInvestment Bank Bhd.
Sunway 2Q net profit up 28%, declares seven sen dividend
KUALA LUMPUR (Aug 30): Sunway Bhd’s net profit rose 28% to RM196.
Sunway REIT expects improvements in hotel earnings
Sunway Real Estate Investment Trust (Aug 11, RM1.
Sunway City set to be smoke-free city
PETALING JAYA (May 12): Sunway Real Estate Investment Trust (Sunway REIT) has embarked on a sustainability campaign, “Clean Air – A Smoke Free Environment Project”, at Sunway REIT’s flagship asset, Sunway Pyramid Shopping Mall.
