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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