MQ REIT posts higher revenue in third quarter


Yong: ‘Another growth opportunity that will augment MQ Reit’s income stream is the proposed acquisition of Menara Shell.’

PETALING JAYA: MRCB-Quill Real Estate Investment Trust (MQ REIT) registered a 2.2% increase in gross revenue at RM32.5mil for the third quarter ended Sept 30 compared with the same quarter a year ago.

However, it posted a realised net income of RM15.2mil, which was 3.2% lower than the corresponding period last year.

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