Sunway REIT 9M profit rise within expectations
The improvement was primarily contributed by newly acquired properties: Sunway Clio Property and Sunway REIT Industrial — Shah Alam 1.
The improvement was primarily contributed by newly acquired properties: Sunway Clio Property and Sunway REIT Industrial — Shah Alam 1.
Can't find a long-term tenant for your property? Consider short-term rental.
The maximum price of an affordable home is estimated to be only RM282,000, according to BNM.
In a filling to Bursa Malaysia, SunREIT said Sin, 43, replaces Wai Sow Fun, who will assume a new role within the Sunway Group.
To jointly develop the town centre of the Kwasa Damansara township on 64.3 acres of land in Sungai Buloh, Selangor (proposed MX-1 construction) for RM7.46 billion.
Key sector risks are execution delays and competition from foreign contractors.
The proposal is to establish a tribunal to hear disputes or complaints from any stakeholder on any strata renewal plan.
On the REIT's prospect, manager Sunway REIT Management Sdn Bhd said it is committed to distribute 100% of its distributable net income for FY18.
AEON will have to vacate the property, pay WCT damages calculated from Nov 23, 2017 to the date of vacant possession, as well as the RM10,000 legal cost.
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