$SUNREIT / 5176 (SUNWAY REAL ESTATE INVESTMENT TRUST)
Research by TA
Buy – TP RM1.93

“Acquiring Kluang Mall"

Incorporating a 3% ESG premium, we adjust our TP to RM1.93/unit from RM1.88/unit previously. Our TP is based on an unchanged target yield of 6.0%. Maintain Buy.

Analyst:
Thiam Chiann Wen
cwthiam@ta.com.my