KUALA LUMPUR (Bernama) -- Pavilion Real Estate Investment Trust
’s (Pavilion REIT) net profit for the financial year ended Dec 31, 2020 (FY20) fell to RM46.34 million from RM262.63 million posted in the preceding year.
Revenue declined by RM75.1 million or 13 per cent to RM510.22 million from RM585.35 million previously, mainly due to non-renewal of some expired tenancies.
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