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.
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