Hektar Asset Management reported that Hektar REIT recorded a higher full-year revenue for FY14, but a lower net property income, which the REIT had attributed to the recent electricity tariff hike and a temporary drop in revenue.
Revenue up, but NPI down for Hektar REIT
www.kinibiz.com
Hektar Asset Management Sdn Bhd reported that its real estate investment trust (REIT) Hektar REIT, has recorded a higher full-year revenue for its 2014 financial year (FY14), but a lower net property income (NPI), which the REIT had attributed to the recent electricity tariff hike and a temporary dr…
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