ABOUT SUNWAY REIT
Sunway Real Estate Investment Trust (Sunway REIT) has a distinctive portfolio and is one of the largest diversified real estate investment trusts (REITs) in Malaysia with assets that are strategically located across award-winning integrated townships in key locations within Klang Valley, Penang and Perak.
Sunway REIT was listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa Malaysia) on 8 July 2010. The market capitalisation of Sunway REIT stood at RM4.8 billion as at 30 September 2022.
From an initial portfolio of 8 assets, Sunway REIT has grown to 20 assets comprising 5 retail properties, 6 hotels, 5 offices, a medical centre and an education asset, two industrial assets including the acquisition of Sunway REIT Industrial–Petaling Jaya 1. The property value has grown by more than 100% from the initial RM3.46 billion to RM9.0 billion included market valuation of Sunway Pier and acquisition cost of Sunway REIT Industrial – Petaling Jaya 1.
The Sponsor, Sunway Berhad (Sunway), is an established and reputable conglomerate group with a market capitalisation of RM7.7 billion as at 30 September 2022. Sunway has been reclassified from the Trading/Services sector to the Industrial Products & Services sector, pursuant to Bursa Malaysia Securities’ revamp of the sectorial classification for companies listed on the Main Market.
Sunway REIT’s assets are primarily located in Sunway City, Kuala Lumpur, Malaysia’s first Green Building Index (GBI) certified sustainable integrated township master-planned and developed by the Sponsor.
- Included market valuation of Sunway Pier and acquisition of Sunway REIT Industrial – Petaling Jaya 1
- Based on YTD3Q2022 financial earnings
- As at 30 September 2022
- Derived from annualised distributable income of 9.36 sen per unit (based on distributable income for YTD 3Q2022 of 7.00 sen per unit).
Sunway REIT'S acquisition From 2010 - 2021
TRANSCENDING TOWARDS SUSTAINABLE GROWTH
To deliver sustainable income distribution over the long-term through responsible business strategies supported by adaptive innovation solutions, management and sustainability practices
To be a leading diversified REIT in Malaysia committed to enhancing stakeholder value – Sustainable Growth, Environmental Stewardship and Community Engagement
- Empowering businesses
- Curating experiences
- Enriching lives