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Tuesday, February 5, 2008

AmFirst REIT Posts RM8mil Net Income

KUALA LUMPUR: AmFirst REIT (real estate investment trust) recorded a net income of RM8mil, net property income of RM10.5mil and revenue of RM15.2mil for its third quarter ended Dec 31, 2007. Am ARA REIT Managers Sdn Bhd acting chief executive officer Anthony Ooi Kwee Yang said in a statement that while growth via acquisition was important, the REIT manager was also focused on asset enhancement.
(5-2-2008 The Star)