Pavilion REIT Likely to Post Higher 2H Earnings

Dow Jones

07/24

0248 GMT - Pavilion Real Estate Investment Trust could post higher earnings in 2H, supported by the planned reopening of the Parkson retail space in early November, CIMB Securities analyst Ivy Ng Lee Fang says in a note. She also says the REIT's earnings may be helped by a better tenant mix, occupancy recovery and lower electricity costs. She expects rental income to continue rising thanks to asset upgrades and the government's tourism campaign, which has been extended through 2027. CIMB maintains a buy rating on Pavilion REIT and keeps its target price unchanged at 2.13 ringgit. Shares are 0.6% higher at 1.76 ringgit. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

July 23, 2026 22:48 ET (02:48 GMT)

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She also says the REIT's earnings may be helped by a better tenant mix, occupancy recovery and lower electricity costs. She expects rental income to continue rising thanks to asset upgrades and the government's tourism campaign, which has been extended through 2027. CIMB maintains a buy rating on Pavilion REIT and keeps its target price unchanged at 2.13 ringgit. Shares are 0.6% higher at 1.76 ringgit. 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She also says the REIT's earnings may be helped by a better tenant mix, occupancy recovery and lower electricity costs. She expects rental income to continue rising thanks to asset upgrades and the government's tourism campaign, which has been extended through 2027. CIMB maintains a buy rating on Pavilion REIT and keeps its target price unchanged at 2.13 ringgit. Shares are 0.6% higher at 1.76 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 22:48 ET (02:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IQRA","symbol_name":"NYLI CBRE Real Assets ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653708924","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653708924","pubTimestamp":1784861280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0248 GMT - Pavilion Real Estate Investment Trust could post higher earnings in 2H, supported by the planned reopening of the Parkson retail space in early November, CIMB Securities analyst Ivy Ng Lee Fang says in a note. 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She also says the REIT's earnings may be helped by a better tenant mix, occupancy recovery and lower electricity costs. She expects rental income to continue rising thanks to asset upgrades and the government's tourism campaign, which has been extended through 2027. CIMB maintains a buy rating on Pavilion REIT and keeps its target price unchanged at 2.13 ringgit. Shares are 0.6% higher at 1.76 ringgit. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2026 22:48 ET (02:48 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}