ABOUT SUNWAY REIT
Sunway Real Estate Investment Trust (Sunway REIT or Trust) is one of the largest diversified real estate investment trusts (REITs) in Malaysia with a diverse portfolio strategically located across award-winning integrated townships in key locations in Greater Kuala Lumpur, Penang, Johor and Perak.
Sunway REIT was first listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) on 8 July 2010. The market capitalisation of Sunway REIT stood at RM6.3 billion as at 31 December 2024.
Sunway REIT’s properties are primarily in Sunway City Kuala Lumpur (“SCKL”) where its flagship retail property, Sunway Pyramid Mall, is located. Other properties in SCKL includes Sunway Resort Hotel, Sunway Pyramid Hotel, Sunway Lagoon Hotel, Menara Sunway, Sunway Pinnacle and Sunway university & college campus.
In other regions of Kuala Lumpur, Sunway REIT owns Sunway 163 Mall, Sunway Tower and a three-in-one integrated development called Sunway Putra. Sunway Putra consists of Sunway Putra Mall, Sunway Putra Hotel and Sunway Putra Tower.
Sunway REIT also owns nine properties in Selangor, namely Wisma Sunway, Sunway REIT Industrial – Shah Alam 1, Sunway Pier (which is planned for re-development into a retail-centric tourist destination), Sunway REIT Industrial – Petaling Jaya 1 and five Sunway REIT Hypermarkets in Kinrara, USJ1, Putra Heights, Ulu Kelang and Klang.
In the northern region, Sunway REIT owns SunCity Ipoh Hypermarket in Perak, as well as Sunway Hotel Seberang Jaya, Sunway Hotel Georgetown, Sunway REIT Industrial – Prai and Sunway Carnival Mall in Penang.
In the southern region, Sunway REIT owns Sunway REIT Hypermarket – Plentong and Sunway Kluang Mall in Johor.
KEY HIGHLIGHTS FY2024
PROPERTY
VALUE
GROSS
FLOOR AREA
GROSS
REVENUE
NET PROPERTY
INCOME
DISTRIBUTION
PER UNIT
MARKET
CAPITALISATION
NO. OF
ASSETS
DISTRIBUTION
YIELD
Sunway REIT'S acquisition From 2010 – 2024
July 2010 (IPO)
July 2010
Initial Portfolio of 8 Assets
-
Retail Mall, Hotel, Office – Sunway City Selangor
Office – Kuala Lumpur
Retail Mall, Hotel – Seberang Jaya, Penang
Hypermarket – Ipoh, Perak
- 2010
April 2011 (IPO)
April 2011
Sunway Putra
-
Integrated Development – Kuala Lumpur

- 2011
December 2012 (IPO)
December 2012
Sunway Medical Centre
(Tower A & B)
-
Medical Centre – Sunway City, Selangor

- 2012
January 2015 (IPO)
January 2015
Sunway Hotel Georgetown
-
Hotel – Georgetown, Penang

- 2015
March 2015 (IPO)
March 2015
Wisma Sunway
-
Office – Shah Alam, Selangor

- 2015
December 2016 (IPO)
December 2016
Commercial Land for Expansion
of Sunway Carnival Shopping Mall
-
Vacant Land – Seberang Jaya, Penang

- 2016
August 2017 (IPO)
August 2017
Sunway REIT Industrial
– Shah Alam 1
-
Industrial – Shah Alam, Selangor

- 2017
February 2018 (IPO)
February 2018
Sunway Lagoon Hotel
-
Hotel – Sunway City,
Selangor

- 2018
April 2019 (IPO)
April 2019
Sunway university
& college campus
-
Education – Sunway City, Selangor

- 2019
November 2020 (IPO)
November 2020
Sunway Pinnacle
-
Office – Sunway City, Selangor

- 2020
January 2022 (IPO)
January 2022
Sunway Pier
-
Retail – Port Klang, Selangor

- 2022
November 2022 (IPO)
November 2022
Sunway REIT Industrial – PJ1
-
Industrial – Petaling Jaya, Selangor

- 2022
August 2023 (IPO)
August 2023
Disposal of Sunway Medical Centre (Tower A & B)
-
Disposal of Sunway Medical Centre (Tower A & B)
- 2023
August 2024 (IPO)
August 2024
Sunway REIT Hypermarket – Plentong, Sunway REIT Hypermarket – Ulu Kelang, Sunway REIT Hypermarket – Klang, Sunway REIT Hypermarket – USJ 1, Sunway REIT Hypermarket – Putra Heights and Sunway REIT Hypermarket – Bandar Kinrara
-
Six hypermarkets
- 2024
October 2024 (IPO)
October 2024
Sunway 163 Mall
-
Retail – Mont Kiara, Kuala Lumpur

- 2024
October 2024 (IPO)
October 2024
Sunway REIT Industrial – Prai
-
Industrial – Seberang Jaya, Penang

- 2024
December 2024 (IPO)
December 2024
Sunway Kluang Mall
-
Retail – Kluang, Johor

- 2024
TRANSCENDING TOWARDS SUSTAINABLE GROWTH
MISSION
To deliver sustainable income distribution over the long-term through responsible business strategies supported by adaptive innovation solutions, management and sustainability practices
VISION
To be a leading diversified REIT in Malaysia committed to enhancing stakeholder value – Sustainable Growth, Environmental Stewardship and Community Engagement
Purpose
- Empowering businesses
- Curating experiences
- Enriching lives
CORE VALUES
- Integrity
- Humility
- Excellence