Further recovery for SunREIT as borders reopen


KUALA LUMPUR: The reopening of international borders and relaxation of SOPs will further facilitate a normalisation in Sunway Real Estate Investment Trust's (SunREIT) income over the coming quarters, says AmInvestment Bank Research.

The broker said in a note that rental income in the retail, hotel and office segments will normalise as it expects a discontinuation of Covid-19-related rental rebates offered to tenants as businesses resume full operations.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Inari switches gear to remain relevant
InNature diversifies into the F&B industry
New capacity in the pipeline
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Coordinated approach crucial to strengthen SMEs
CIMB Securities eyes larger market share

Others Also Read