loader image

ENSURING A ROBUST BUSINESS MODEL

OUR CAPITAL

  • icon-F
    FINANCIAL
  • icon-P
    PORTFOLIO
  • icon-I
    INTELLECTUAL
  • icon-H
    HUMAN
  • icon-S
    SOCIAL AND
    RELATIONSHIP
  • icon-N
    NATURAL

OUTPUTS

OUTCOMES

TRADE-OFFS

Our Competitive Advantages

01

Diversified
Asset
Portfolio

02

Prudent Risk
Management

03

Experienced
and Diverse
Backgrounds
& Skill Sets

04

Strong
Relationship
with Tenants

05

Sunway
Brand
Synergy

06

Responsible
& Sustainable
Business
Practices

07

Performance
Track
Record

08

Progressive
Mindset &
Innovative
Processes

VISION

To be a leading diversified REIT in Malaysia committed to enhancing stakeholder value – Sustainable Growth, Environmental Stewardship and Community Engagement

MISSION

To deliver sustainable income distribution over the long-term through responsible business strategies supported by adaptive innovation solutions, management and sustainability practices

Purpose

  • Empowering businesses
  • Curating experiences
  • Enriching lives

CORE VALUES

  • Integrity
  • Humility
  • Excellence

NATURAL CAPITAL

INPUTS

  • Energy sourced from the grid: 309,054 MWh
  • Energy sourced from solar power: 12,040 MWh
  • 3,314,747 m3 of water consumption
  • Waste produced (excluding construction waste): 17,981 tonnes
  • Ongoing climate risk assessments and
    sustainability initiatives

OUTPUTS

  • Scope 1 emissions: 19 tonnes Co2e
  • Scope 2 emissions: 69,425 tonnes CO2e
  • Scope 3 emissions: 184,401 tonnes CO2e
  • Waste directed to disposal: 87%
  • Waste diverted from disposal: 13%
  • 11 Green buildings

 

 

OUTCOMES

  • Lowered carbon footprint and efficient resource management
  • Continued improvements in sustainability performance and progressive advancement towards Net Zero Carbon Emissions by 2050
  • Adopted IFRS S1 and S2 disclosures

TRADE-OFFS

Investments in energy efficiency and renewable energy may increase short-term financial and operational commitments. These measures support long-term reductions in environmental impact and help maintain asset value and tenant appeal. Strengthened natural capital also supports social & relationship capital through improved reputation and alignment with sustainability expectations.

Note: Data as at 31 December 2025

SOCIAL & RELATIONSHIP CAPITAL

INPUTS

  • Regular stakeholder engagement
  • Effective, timely and transparent communication and disclosure
  • 11 investor-related engagements
  • 2 REIT-level CSR activities transparent
  • Various stakeholder engagement strategies
  • Building strong and trust-based relationships with tenants
  • Participation and contribution to CSR activities

OUTPUTS

  •  Unit price improved 24.9% y-o-y
  • Highest amongst M-REITs: 17 research coverages
  • No. of Buy calls from analysts: 12
  • Increased unitholders to > 34,000
  •  > 1,700 active tenancies
  • Tenancy renewal rate: 92%
  •  Zero fines for social / labour non-compliance
  • Green lease participation rate:
    • Retail: 92%
    •  Hotel: 100%
    •  Office: 96%
    •  Industrial & Others: 78%

OUTCOMES

  • Strong long-term relationships with business partners and stakeholders with high levels of
    integrity and fairness to all parties
  • Enhanced tenant satisfaction and stakeholder relationships, closer working ties and improved productivity

TRADE-OFFS

Maintaining strong stakeholder relationships and meeting regulatory expectations require financial and human resources. These efforts support trust, compliance and long-term partnerships which contribute to sustaining portfolio performance. Social investments also reinforce human and intellectual capitals by shaping organisational culture and responsible business conduct.

Note: Data as at 31 December 2025

HUMAN CAPITAL

INPUTS

  • Total workforce of the Manager: 20 employees
  • No. of new hires: 5
  • >RM60,000 invested in employee training

OUTPUTS

  • Employee retention rate: 65%
  • Employee engagement score: 69%
  • Average training hours per employee: 66

OUTCOMES

  • Providing local employment opportunities and developing local talents
  • Tenant satisfaction scores:
    •  Retail: 71%
    • Office: 98%
    • Hotel guests: 90%
    • Industrial & Others: 83%
    • Triple Net Lease: 87%

TRADE-OFFS

Developing talent requires financial support for training and skill enhancement while temporarily reducing productivity during learning phases. These investments strengthen intellectual capital and support operational effectiveness through a more capable and engaged workforce. Higher competency levels also reinforce social & relationship capital through improved service to tenants and
stakeholders.

Note: Data as at 31 December 2025

INTELLECTUAL CAPITAL

INPUTS

  • TRANSCEND 2027 strategic roadmap
  • Organic and inorganic growth strategies
  • Market understanding and industry knowledge
  • Inherent expertise and experience
  • Leveraging brand reputation of Sponsor and Sunway REIT

OUTPUTS

  • Continued realisation of TRANSCEND 2027 Targets
  • The value of Intellectual Capital is reflected in the various business, operational and strategic achievements registered across all six capitals
  • Continued business and financial performance growth
  • 9 industry awards and accolades
  • Effective risk mitigation
  • Consolidation of Sunway brand value
  • Robust corporate governance and continued strengthening of internal processes and controls

TRADE-OFFS

Digitalisation and technology adoption require upfront financial spending and can alter workforce requirements. Automation may reduce certain human capital needs while improving accuracy and operational efficiency. The benefits of new systems may take time to materialise and can influence portfolio operations during transition periods.

Note: Data as at 31 December 2025

Portfolio capital

INPUTS

  • Asset portfolio comprising 28 properties
  • Organic and inorganic growth strategies comprising rental reversion, asset enhancement initiatives, property development and strategic acquisition
  • Space under management:
    • Retail: >6.6 million sq.ft. NLA
    • Hotel: >2,500 rooms
    • Office: >1.6 million sq.ft. NLA
    • Industrial & Others: >1.1 million sq.ft. GFA

OUTPUTS

  • 1 new asset was acquired
  • 1 existing asset was disposed
  • Portfolio of 28 properties with a total property value of RM10.2 billion
  •  Average occupancy rate:
    o Retail: 98%
    o Hotel: 65%
    o Office: 82%
    o Industrial & Others: 87

 

OUTCOMES

  • Further expansion into other geographic region i.e. Perak as well as ability to leverage new demographic market segment
  • Further progress made in the realisation of TRANSCEND 2027
  • Higher NPI yields and fair value gain
  • Healthy rental renewals

TRADE-OFFS

Expanding or upgrading the property portfolio requires financial outlays and additional human and technological resources. These activities may raise
short-term operating pressures yet enhance asset quality and operational resilience over time. Portfolio growth also contributes to higher demands on intellectual and social & relationship capitals through new management processes, tenant engagement and system integration.

Note: Data as at 31 December 2025

FINANCIAL CAPITAL

INPUTS

The pool of funds available to Sunway REIT, generated from rental income, property revaluation and financing through debt and equity.

  • Unitholders’ funds: RM5.4 billion
  • Perpetual note holders’ funds: RM0.5 billion
  • Total borrowings: RM4.2 billion
  • Cash and bank balances: RM360.9 million

OUTPUTS

  • Revenue: RM894.3 million
  • NPI: RM658.0 million
  • DPU: 14.48 sen
  • Distribution yield: 6.3%
  • Total return: 31.2%
  • Gearing: 39.4%
  • Fixed vs Floating debt: 56:44
  • Average debt maturity: 1.6 years
  • Total assets: RM10.7 billion
  • Total liabilities: RM4.8 billion

 

OUTCOMES

  • Property value: RM10.2 billion
  • Market capitalisation: RM7.9 billion
  • 5-year average total return: 13.6%
  • 96% of borrowings were structured with sustainable finance mechanism

TRADE-OFFS

Growth initiatives, asset enhancements and acquisitions require financial resources and may reduce near-term liquidity. These investments support long-term returns by improving portfolio performance and enabling continued competitiveness. Financial capital is also allocated to technology upgrades and workforce development which increase short-term operating costs but strengthen future earning capacity.

Note: Data as at 31 December 2025
  • © 2026 Sunway REIT. All Rights Reserved.

What are you searching for?

Search for your favorite thing or find similar results here.