Pavilion REIT to see further footfall recovery on China reopening

KUALA LUMPUR: The recovery in Pavilion Real Estate Investment Trust's (REIT) earnings, which is showing signs of normalisation, is expected to receive another boost from the reopening of China's borders and the inflow of tourists from the country.

Pavilion REIT had guided that 30% of its Pavilion Kuala Lumpur footfall pre-pandemic came from foreign tourist, with about 50% of that group coming from China.