Sunway REIT Begins Year With 20% Jump In NPI To RM157.2 Million

Quick Summary:

Sunway Real Estate Investment Trust (Sunway REIT) has announced a strong performance for the first quarter ended March 31, 2025 (Q1 2025), with net property income (NPI) jumping 20% year-on-year to RM157.2 million.

The company states that this disposal will boost its balance sheet strength, realize capital gains, and provide funds for future acquisitions.

This growth is attributed to the full quarter contribution from assets acquired throughout 2024.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: Malaysia

Topics: Property News Sunway reit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 09:40:41 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28707122

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