KUALA LUMPUR (Bernama) -- Sunway Real Estate Investment Trust (SUNREIT) recorded a lower gross revenue of RM95.8 million for the second quarter ended Dec 31, 2020 (2Q FP2021) as compared to RM155.8 million for the corresponding quarter in the preceding year (2Q FY2020).
In a filing with Bursa Malaysia today, Sunway REIT Management Sdn Bhd, the manager for SUNREIT said net property income (NPI) decreased to RM66.0 million against RM116.6 million as a result of the uncertainty and challenges brought about by the COVID-19 pandemic.