Pavilion REIT disclosed on 17 July that it has recognised total gross revenue of MYR201.3 million in 2Q 2024.
This represents an increase of MYR41.3 million or 26% as compared to 2Q 2023.
Pavilion REIT is a Bursa Malaysia-listed REIT that owns a portfolio of six assets across the country.
These assets are mainly used for retail and office purposes.
For the REIT's revenue figures for 2Q 2024, the increase was mainly due to income from its new property, Pavilion Bukit Jalil, and higher income from Pavilion Kuala Lumpur Mall.
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