MRCB-Quill real estate investment trust’s (MQREIT) net income rose 76.1% to RM15.7mil for the third quarter (3Q) ended Sept 30, 2015, from RM8.93mil a year ago.
The net income growth was mainly due to the recognition of the income contribution from Platinum Sentral in Q3, gain on sale of Quill Building 10 – Section 13, and higher net property income.
MRCB Quill Management Sdn Bhd, the manager of MQREIT, said on Thursday, in Q3 MQREIT’s realised earnings per unit (EPU) rose 3.9% to 2.38 sen from 2.29 sen a year ago.
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The net income growth was mainly due to the recognition of the income contribution from Platinum Sentral in Q3, gain on sale of Quill Building 10 – Section 13, and higher net property income.
MRCB Quill Management Sdn Bhd, the manager of MQREIT, said on Thursday, in Q3 MQREIT’s realised earnings per unit (EPU) rose 3.9% to 2.38 sen from 2.29 sen a year ago.
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