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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

YTL is revising its plans for the Brabazon mixed-use development in north Bristol

Mah Sing: The property market will expand if global and domestic economic growth remains stable

I-Berhad may team up with Huawei Malaysia to launch self-driving buses in i-City

Rehda: Banks should expand their step-up financing and other funding options to improve homeownership

The Central i-City mall expects increased revenue as a result of new tenants, including the arrival of Maybank

The Andaman Langkawi is expected to reopen in the second half of 2023