Sunway-REIT bullish about 2024 on economic growth prospects

The trust is generally optimistic about its retail and hospitality segments but more reserved about the outlook for office sector.

PETALING JAYA: Sunway Real Estate Investment Trust (Sunway-REIT) remains optimistic for 2024, while stating a more stable domestic political landscape and the promise of economic reform will be positive for the long-term prospects of the economy.

The trust is generally optimistic about its retail and hospitality segments but more reserved about the outlook for office sector due to the supply overhang which will adversely affect rental prospects in the Klang Valley.