Pavilion Bukit Jalil to drive growth for Pavilion-REIT

Beyond Pavilion Bukit Jalil, Pavilion-REIT’s portfolio of retail and commercial assets continued to deliver strong results.

PETALING JAYA: Pavilion Real Estate Investment Trust (Pavilion-REIT) expects greater rental reversion potential and long-term value appreciation on the back of an expanding tenant mix, experiential retail concepts and increasing footfall.

The REIT manager said in a statement that Pavilion Bukit Jalil has continued to outperform expectations, contributing RM110.1mil or 21.1% to the fund’s net property income (NPI).