Sunway-REIT pursuing asset enhancement initiatives


Sunway-REIT Management CEO Clement Chen said the group will continue its acquisition strategy.

PETALING JAYA: Sunway Real Estate Investment Trust (Sunway-REIT), which saw its earnings double to RM145.07mil in the second quarter ended June 30, 2024 (2Q24), remains committed to its growth strategy, focusing on both organic and inorganic initiatives to bolster its performance in the coming quarters.

Sunway-REIT Management Sdn Bhd, the manager of Sunway-REIT, chief executive officer Clement Chen said the trust is actively pursuing asset enhancement initiatives (AEIs), which are expected to further enhance the retail segment’s contribution.

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