Bullish outlook on Sunway REIT continues in 2023

KUALA LUMPUR: The positive outlook on Sunway Real Estate Investment Trust's (REIT) retail and hotel segments is being brought forward into 2023 amid the country's post-Covid economic recovery.

Hong Leong Investment Bank (HLIB) Research said it expects the REIT's segments to deliver further improvements on the back of anticipated positive rental reversions from retail malls and improving hotel occupancy rates.