$SUNREIT / 5176 (SUNWAY REAL ESTATE INVESTMENT TRUST)
Research by TA
Buy – TP RM1.98
“Achieved Encouraging Rental Reversions"
Following the change in earnings estimates, we arrive at a new TP of RM1.98/unit (previously RM1.93/unit), based on a CY25 target yield of 5.5% and a 3% ESG premium. Maintain Buy.
Analyst:
Thiam Chiann Wen
cwthiam@ta.com.my