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Report: New tourism tax could hurt hotel operators

10 April 2017

PETALING JAYA: A new tourism tax bill passed by Parliament last week could hurt hotel owners, including Genting Malaysia Bhd and Sunway Real Estate Investment Trust (REIT), CIMB Research said in a report.

SunREIT likely to deliver modest earnings growth in Q2

2 February 2017

PETALING JAYA: Sunway Real Estate Investment Trust (SunREIT) is expected to deliver modest earnings growth in the second quarter ended Dec 31, 2016, with a resilient retail segment and a gradual recovery in office occupancy offsetting the weak hotel operation.

Sunway REIT to acquire land and buildings for RM91.5mil

12 January 2017

PETALING JAYA: Sunway Real Estate Investment Trust (SunREIT) has entered into a conditional sale and purchase agreement with Champion Edge Sdn Bhd to acquire a piece of land and buildings in Shah Alam for RM91.5mil in cash.

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