Sunway to acquire medical centre from Sunway REIT

Higher shopper footfall, tenant sales lead the way

PETALING JAYA: Sunway Bhd is acquiring property from Sunway Real Estate Investment Trust (Sunway REIT) for RM430mil.

In a filing with Bursa Malaysia, Sunway said Sunway Medical Centre Sdn Bhd (SMCSB) had entered into a conditional sale and purchase agreement with RHB Trustees Bhd (as trustee for Sunway REIT) for the proposed acquisition of the properties.