Sunway Real Estate Investment Trust (Sunway REIT) was listed in Bursa Malaysia in 2010, with a portfolio spread across Kuala Lumpur, Penang and Perak. As of 31 December 2023, Sunway REIT owns 19 assets, down from 20 following the sale of the Sunway Medical Centre buildings to Sunway’s healthcare division, bringing its total property value to RM9 billion. Here are eight things I learned from the 2024 Sunway REIT annual general meeting: 1. Revenue increased by 10% to RM719 million (FY2022: RM651 million) in FY2023. Net property income (NPI) was also up to RM527 million, 5% higher than FY2022 (RM500 million). Property yield increased from 5.4% to 5.7% as well. Its Retail segment remains the major revenue contributor to Sunway REIT, at over 67%. Source: Sunway REIT Source: Sunway REIT 2. Distribution per unit (DPU) increased from 9.22 sen in FY2022 to 9.30 sen in FY2023...