Diversified Portfolio Boosts Hektar 2018 REIT Performance

Hektar Real Estate Investment Trust (Hektar REIT) announced its annual results for Financial Year 2018 (FY18) with revenue rising to RM135.1 million, up 7.6% higher compared to the same period in the preceding year, while Net Property Income (NPI) climbed to RM78.7 million, a 6.8% increase. For the twelve months ended 31 December 2018, the Realised Income was recorded at RM42.3 million which was 5.3% higher than FY2017. Overall, the market valuation of the Hektar portfolio increased by RM26.9 million in 2018. The positive result is supported by strong portfolio…

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