UOA REIT’s total income up 55% in fourth quarter 2021

PETALING JAYA: UOA Real Estate Investment Trust (UOA REIT) posted a total income of RM28.17mil for the fourth quarter ended Dec 31, 2021, up almost 55% from RM18.18mil in the corresponding quarter of 2020.

During the quarter in review, UOA REIT said its gross rental has increased by 54.7% against the previous corresponding quarter, while total expenditure rose by 57.6%.