PETALING JAYA: RHB Research has increased its earnings estimates for Sunway Real Estate Investment Trust
(Sunway-REIT) by 3% for financial years 2025 (FY25) and FY26, driven by higher rental rate growth assumptions coupled with the REIT’s ambitions outlined in its strategic roadmap.
The research house has also revised its target price for Sunway-REIT to RM2.07 a share from RM1.94, while maintaining its “buy” call with a 4% environmental, social, and governance (ESG) premium.
