Kenedix Retail REIT has reported operating revenue of JPY9,924 million for its 16th fiscal period that ended on 31 March 2023.

This represents an increase of 6% when compared to the 15th fiscal period, which ended in September 2022.

Correspondingly, the REIT’s net operating income (NOI) for the 16th fiscal period came in at JPY6,830 million.

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By Shariffa Al-Habshee

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