Sunway-REIT posts positive showing


PETALING JAYA: Sunway Real Estate Investment Trust (Sunway-REIT) posted a net property income (NPI) of RM144.3mil, an increase of 5.5% year-on-year for the quarter ended Sept 30 (3Q24), although turnover was up 9.3% to RM192.1mil.

Cumulatively for the nine-month period (9M24), however, NPI climbed 3.3% y-o-y to RM404.2 mil, as revenue also increased 4% to RM546.3mil.

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