MRCB-Quill REIT property, Menara Shell (Photo: MRCB-Quill REIT)

MRCB-Quill REIT has reported an earnings per unit (EPU) of 2.01 sen for its 4Q 2017, an increase of 6.3% from the 1.89 sen achieved in the corresponding period of 2016.

This after the REIT’s gross revenue and net property income (NPI) increased by 18.3% and 18.2% to MYR46.1 million (USD11.7 million) and MYR36.0 million respectively.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.