Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.
Higher contributions from properties in Australia, South Korea and Vietnam boosted income.
Mapletree Logistics Trust (MLT) saw its net property income (NPI) rose 3.9% YoY to $108.56m in Q3 2019 from $104.49m in Q3 2018, the company announced. Gross revenue edged up 0.3% to $121.15m over the same period.
NPI growth was driven by higher contributions from its existing properties and acquisitions in Australia, South Korea and Vietnam, but was countered by the absence of revenue from its divestment of five warehouses in Japan in Q1 FY19-20.
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Previous news selection
Office space leads Singapore's property scene as deal value jumps 53.5% in 2019
About Agent.sg Daily Property News Selection
Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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