KUALA LUMPUR: The ongoing inoculation programme will lead to further normalisation of shopper traffic and, possibly, boost earnings for Pavilion Real Estate Investment Trust (REIT) in the second half of the year.
Footfall traffic at Pavilion Kuala Lumpur – the biggest contributor to the REIT at more than 90% of net property income – is at 60% to 70% of pre-pandemic levels, according to the management.
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