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Sime Darby Property’s Integrated Annual Report 2024 has been prepared in accordance with the principles prescribed
by the International Integrated Reporting Council. It provides a comprehensive and accurate overview about the
Group’s financial and non-financial achievements, as well as prospects based on our strategy, withstanding the
challenges posed by the operating environment and other key risks impacting the real estate industry.
The report is
intended primarily for providers of capital, but is also relevant to all stakeholders who would like to understand
on how the Group seeks to create value through maintaining good governance, aligning our vision for growth with
environmental and social responsibilities across short, mid, and long-term perspectives.
This is our eighth
Integrated Report since our listing in 2017 and covers the Financial Year 2024. The report also includes the Group’s
main activities, key business areas and discusses our outlook, targets and objectives.
To be a value multiplier for
At Sime Darby Property, we envision a future where sustainable communities thrive and the property industry is redefined. Our unwavering Purpose to be a Value Multiplier for people, businesses, economies and the planet has fuelled our success and continues to drive us towards new heights.
By emphasising diversification and value creation, we have transformed from a traditional developer into a dynamic real estate leader, embracing a comprehensive approach that encompasses development, investment, and asset management, while placing sustainability at the forefront of everything we do. Our forward-thinking approach empowers us to utilise real estate as a catalyst for shared prosperity, managing a dynamic asset portfolio that creates value for all stakeholders.
We believe in building communities that thrive, not just for today but for generations to come.