Pavilion REIT (PAVREIT) is the largest retail-focused REIT in Malaysia. As at 30 June 2018, its portfolio is valued at RM6.29 billion. In this article, I’ll be covering the performance of PAVREIT’s individual properties, its overall financial results, and discuss its ability to grow its income distributions in the near future.

Here are 12 things to know about Pavilion REIT before you invest:

Portfolio

1. Pavilion Kuala Lumpur Mall is a leasehold seven-storey retail podium located strategically at Jalan Bukit Bintang, Kuala Lumpur. The property is valued at RM4.55 billion. As at 30 June 2018, it enjoys a 98.7% occupancy rate with key tenants such as Parkson Elite, Golden Screen Cinema, and Food Republic. Its top 10 retail tenants contribute 18.3% of the property’s gross rent. Pavilion KL Mall remains PAVREIT’s trophy asset and is the largest income contributor. Gross revenue has grown from RM335.9 …