Hektar REIT net property income rises 18% in 1Q

KUALA LUMPUR: Hektar Real Estate Investment Trust’s (Hektar REIT) net property income increased 17.9% to RM16.62mil in the first quarter ended March 31 (1Q22) against RM14.09mil recorded a year prior.

Its realised income in the first quarter rose 110.7% to RM13.74mil compared with RM5.52 million in 1Q 2021.