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Sunway REIT’s track record in the retail sector is impressive, with an average occupancy rate above 95% over the past five years — significantly outperforming the national average of 77%.
This exceptional performance underpins the refined Transcend 2027 strategy, which focusses on maximising retail strength.
Moreover, Sunway REIT has maintained high occupancy rates without sacrificing rental growth.
In 1H24, the retail segment saw rental
reversions in the teens, supported by a positive market outlook and strong
Demand.