PETALING JAYA: Sime Darby Property Bhd
(SimeProp) will continue to focus on growing its investment properties, with Metrohub in Bandar Bukit Raja expanding further and KLGCC Mall in Kuala Lumpur scheduled to open this October.
Maybank Investment Bank Research (Maybank IB), in a report, said under the group’s SHIFT25 strategy, management appears to be sacrificing near-term sales by retaining selected industrial and logistics assets to build a stronger recurring income base for sustainable long-term growth.
