Sunway REIT remains optimistic on FY22 as retail, hotel segments continue recovery

KUALA LUMPUR: Sunway Real Estate Investment Trust (REIT)'s recovery post-Covid lockdown continues with future earnings underpinned by strong retail sales and a gradual recovery in the hotel segment.

The REIT manager said in a filing with Bursa Malaysia it maintains an optimistic outlook for FY22, fresh off the back of sturdy 3Q'FY22 earnings.