Sunny days later rather than sooner■ Sunway REIT's 12MFY21 results were broadly in line; core net profit fell 42%yoy due to disruptions on rental income caused by extended MCOs.■ Post-4QFY21 recovery for retail malls and hotels would hinge on the NRP.■ Reiterate Hold with an unchanged TP; 3.3-4.8% yields as key support.

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