UOA-REIT posts reduced quarterly bottom line


The investment manager is continuing to seek potential yield-accretive acquisition opportunities that align with its strategic objectives.

PETALING JAYA: UOA Real Estate Investment Trust (UOA-REIT) is expecting the demand for office space to continue to improve gradually, believing its completed asset enhancement initiatives will help to generate interest on the older buildings in its portfolio.

While keeping the gearing within the permissible threshold, the investment manager is continuing to seek potential yield-accretive acquisition opportunities that align with its strategic objectives.

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