PETALING JAYA: Pavilion Real Estate Investment Trust
(Pavilion-REIT) is favoured for its earnings resilience but newly opened premium malls are expected to give it a run for its money.
Affin Hwang Investment Bank Research has maintained its “hold” call on Pavilion-REIT with a revised target price of RM1.33 as it tweaks its 2024 to 2025 earnings per unit forecasts by 1% to 2.5% after updating the full-year 2023 results.
