Pavilion-REIT seeking to optimise efficiency


Pavilion-REIT's net profit for its fourth quarter rose by 5.5% year-on-year to RM228.27mil.

PETALING JAYA: Pavilion Real Estate Investment Trust (REIT), whose property operating expense surged 41% in 2023, seeks to optimise efficiency via continuous cost management this year.

With a total asset value of RM9bil in hand, Pavilion-REIT however said it will spend “as required” to ensure the needs, comfort and safety of its stakeholders are balanced and not compromised.

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