and Pavilion Hotel Kuala Lumpur (PHKL) in the Bukit Bintang area for a combined RM480mil. MIDF Research said the acquisitions are earnings accretive and will lift FY26 earnings by 10.6%.
It projects a stable FY24 rental reversion of 5% to 6% for Pavilion-REIT’s prime malls in Bukit Bintang, namely Pavilion Kuala Lumpur and Elite Pavilion Mall on the back of improving tenant ...
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