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.
KEY HIGHLIGHTS
PROPERTY
VALUE
GROSS
FLOOR AREA
GROSS
REVENUE
NET PROPERTY
INCOME
DISTRIBUTION
PER UNIT
MARKET
CAPITALISATION
NO. OF
ASSETS
DISTRIBUTION
YIELD
- 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
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
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