Sunway REIT is on track to increase its property value to RM15bil by 2025 despite headwinds

By NST Property - published Ja nuary 12, 2022 Sunway REIT owns 18 properties, including malls, hotels, offices, a medical centre, an industrial property, and a purpose-built campus. Image of The Pinnacle, the first building in Sunway City to have both Singapore's BCA Greenmark Gold and Malaysia's Green Building Index. Sunway Real Estate Investment Trust (Sunway REIT) is on track to increase its property value to RM15 billion in the financial year ending June 30, 2025 (FY25) under its Transcend 2025 (TC25) initiative, despite current and future headwinds. TC25 is a programme that develops a strategic roadmap to capitalise on Sunway REIT's diversity to set mid-term goals and aspirations up to FY25 through the implementation of multifaceted strategies such as expanding investment into emerging growth subsectors. Sunway REIT Management Sdn Bhd chief executive officer Datuk Jeffrey Ng Tiong Lip told NST Property that the REIT is refreshing and restrategising its Transcend 2025 g

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