PETALING JAYA: Despite the challenging outlook, Sunway Real Estate Investment Trust
(REIT) would maintain its income distribution payout of at least 90% for the financial year ending June 30,2021 (FY21).
The manager of the REIT, Sunway REIT Management Sdn Bhd, said it remained cautious on the outlook for FY21 due to the uncertainties surrounding global economic recovery.
The manager said it would continue to focus on rebuilding the business segments which have been adversely impacted by the pandemic while strengthening its balance sheet and expanding income stream via yield-accretive acquisition and prudent capital management.
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