Shares & Derivatives
15 things to know about Sunway REIT before you invest (updated 2020)
By The Fifth Person  •  May 22, 2020
Listed in 2010, Sunway REIT is a diversified Malaysian REIT with a focus on retail malls. It generally invests in retail and mixed-used assets in high-growth cities and townships. As of June 2019, it owned 17 assets with a total asset value around RM8.1 billion. Its properties are spread across Peninsular Malaysia – mainly in the Klang Valley, Penang, and Ipoh areas. I took a closer look at Sunway REIT when its share price was near its one-year low at around RM1.54 last month. During that time, Sunway REIT’s dividend yield was about 6.2%, which is higher than the 5.45% dividend yield the Employees Provident Fund posted in 2019. Here are 15 things to know about Sunway REIT before you invest: 1. Sunway REIT’s retail segment was its major revenue contributor in 2019, followed by the hotel and office segments. Sunway REIT is a retail-focused REIT as the...
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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