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 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, and Perak.
Sunway REIT was listed on the Main Market of Bursa Malaysia on 8 July 2010. The market capitalisation of Sunway REIT stood at RM5.0 billion as at 31 December 2022.
Sunway REIT owns a portfolio of 20 assets comprising five retail properties, six hotels, five offices, two industrial properties, a medical centre and an education asset with a combined property value of RM9.1 billion as at 31 December 2022.
Sunway REIT’s assets are primarily located in Sunway City where its flagship asset, Sunway Pyramid Mall, is located. Other assets in Sunway City include Sunway Resort Hotel, Sunway Pyramid Hotel, Sunway Lagoon Hotel, Menara Sunway, Sunway Pinnacle, Sunway Medical Centre (Tower A & B) and Sunway university & college campus.
Sunway REIT owns four properties in Kuala Lumpur, namely Sunway Tower, and three remaining assets that constitute part of the 3-in-1 integrated development, Sunway Putra. Sunway Putra consists of Sunway Putra Mall, Sunway Putra Hotel and Sunway Putra Tower.
Sunway REIT also owns four properties in Selangor, namely Wisma Sunway, Sunway REIT Industrial – Shah Alam 1, Sunway REIT Industrial – Petaling Jaya 1 and Sunway Pier.
In the northern region, Sunway REIT owns SunCity Ipoh Hypermarket in Perak, as well as Sunway Hotel Seberang Jaya, Sunway Hotel Georgetown and Sunway Carnival Mall in Penang.
KEY HIGHLIGHTS FY2022
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 - 2022
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
-
Integrated Development – Sunway City,
Selangor

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

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

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

- 2022
November 2022 (IPO)
November 2022
Industrial – Petaling Jaya, Selangor
-
Sunway REIT Industrial – Petaling Jaya 1

- 2022
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