Dasin Retail Trust's Shiqi Metro Mall, which is expected to be inducted by mid-2017. (Photo: Dasin Retail Trust)

Dasin Retail Trust has reported gross revenue of SGD71.3 million for its FY2018, an increase of 23.6% over the SGD57.7 million achieved in FY2017.

Meanwhile, net property income (NPI) for the year increased by 23.1% year-on-year to SGD57.3 million.

Dasin Retail Trust has attributed the results mainly to full-year contribution from Shiqi Metro Mall, which was acquired in June 2017, as well as better performance from Xiaolan Metro Mall.

To read the full article, please login or subscribe.

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.