PETALING JAYA: MRCB-Quill Real Estate Investment Trust (MQREIT) posted an 18.8% drop in realised net income of RM13.3mil for the fourth quarter ended Dec 31, 2016 compared to the same quarter a year ago on the back of difficult economic conditions.
Gross revenue was up 3.3% to RM38.92mil as the REIT’s manager, MRCB Quill Management Sdn Bhd, continued with an active leasing and management strategy.
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