OUE Reit’s first-quarter NPI rises 6.9% to $60.5 million

OUE Reit’s first-quarter NPI rises 6.9% to $60.5 million

The Straits Times - Business·2024-04-25 06:00

SINGAPORE - OUE Reit posted net property income (NPI) of $60.5 million for its first quarter ended March 31, 2024, up 6.9 per cent from $56.6 million a year ago.

Gross revenue rose 9.5 per cent to $74.9 million for the quarter, from $68.4 million a year ago.

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