PETALING JAYA: Analysts are generally upbeat about the prospects of Sunway Real Estate Investment Trust
(Sunway-REIT), particularly after it announced an agreement to dispose of its Sunway College and University campus to Sunway College (KL) Sdn Bhd.
The proposal, which was announced in a bourse filing last Friday, will see Sunway College, itself a subsidiary of Sunway Education Group Sdn Bhd, acquiring the asset, comprising a new 13-storey university block and associated facilities, for RM613mil.
