Listed in 2010, Sunway REIT is one of the largest diversified REITs Malaysia. Its assets are mostly located in townships developed by its sponsor, Sunway Berhad, across the Klang Valley, Penang, and Perak. Over the past decade, the REIT’s total property value grew from RM3.5 billion in 2010 to RM8.7 billion in 2021 as the number of assets in its portfolio increased from 10 to 18. I attended its recent virtual annual general meeting to find out how the REIT will benefit from the recent reopening of borders in Malaysia to tourists. Here are eight things I learned from the 2022 Sunway REIT AGM. 1. Gross revenue increased 21.3% year-on-year to RM675.6 million in 2021 as the financial period ended 31 December 2021 consisted of 18 months. Likewise, net property income increased 9.7% year-on-year to RM457.1 million in 2021. The retail segment continued to be the main financial contributor to the REIT by making up more than half of the REIT’s net property income both pre and post-pandemic....