Pavilion-REIT’s earnings resilient

Maybank IB expects Pavilion-REIT’s earnings to remain resilient, largely backed by Pavilion KL’s prime location and potential growth from Pavilion Bukit Jalil from the third quarter of 2023.

PETALING JAYA: Pavilion Real Estate Investment Trust (Pavilion-REIT), which specialises in retail assets, is set to benefit from the reopening of China’s borders.

Maybank Investment Bank Research (Maybank IB), in a report yesterday, said assets such as Pavilion KL, Elite Pavilion and Intermark mall would gain.