20 Jan 2016 - Singapore Business Review
Thanks to reduced costs at it Sarang Hospital. First REIT (FREIT)’s FY15 net property income came in at $25.4m, reflecting a 7.9% YoY growth from FY14’s $23.5m. According to a report by CIMB, the marginal NPI increase is thanks to lower expenses incurred for Sarang Hospital, partly offset by land title ...
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