MRMA re-elects Datuk Jeffrey Ng as chairman

Sep 04

KUALA LUMPUR (Sept 4): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has re-elected Sunway REIT Management Sdn Bhd chief executive officer (CEO) Datuk Jeffrey Ng as its chairman in the annual general meeting (AGM) held on Aug 25.

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Worst probably over for Sunway REIT as analysts see earnings recovery

Aug 04

KUALA LUMPUR (Aug 4): The worst is probably over for Sunway Real Estate Investment Trust (Sunway REIT), analysts said today, as they expect the property trust’s earnings to recover in the coming quarters after the group contended with the impact of the Covid-19-driven movement control order (MCO) in Malaysia to curb the outbreak.

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Sunway REIT to acquire Sunway Pinnacle

Jun 29

PETALING JAYA (June 29): Sunway REIT Management Sdn Bhd, the Manager of Sunway Real Estate Investment Trust (Sunway REIT) will be acquiring The Pinnacle Sunway, a Grade A office building in Sunway City, Selangor for RM450 million.

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Sunway REIT 4Q NPI up 11%, declares 2.28 sen DPU

Aug 09

KUALA LUMPUR (Aug 9): Boosted by new income contribution from newly acquired Sunway university and college campus, as well as higher retail contribution, Sunway Real Estate Investment Trust (REIT) posted an 11% rise in net property income (NPI) to RM111.

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Sunway REIT sets up RM10b perpetual note programme

Mar 22

  KUALA LUMPUR (March 22): Sunway Real Estate Investment Trust has proposed to establish a RM10 billion perpetual note programme for the financing of investment activities, refinancing of existing and future borrowings, and working capital.

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