Sunway-REIT likely to see strong earnings

Higher shopper footfall, tenant sales lead the way

PETALING JAYA: Sunway Real Estate Investment Trust (Sunway-REIT) is expected to stage a strong recovery in earnings on the back of higher shopper footfall and tenant sales.

Following a virtual meeting with the company, MIDF Research said it gathered that shopper footfall and tenant sales have recovered to pre-Covid levels due to revenge spending and festive seasons.