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ESR-LOGOS REIT reports gross revenue of $97.7 mil in 1QFY2023, up 63.9% y-o-y

Felicia Tan
Felicia Tan • 3 min read
ESR-LOGOS REIT reports gross revenue of $97.7 mil in 1QFY2023, up 63.9% y-o-y
Artist's impression of 16 Tai Seng Street. Photo: E-LOG
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ESR-LOGOS REIT (E-LOG) (SGX:J91U) has reported gross revenue of $97.7 million in the 1QFY2023 ended March, up 63.9% y-o-y.

The REIT’s net property income (NPI) rose by 78.2% y-o-y to $70.4 million.

The higher gross revenue and NPI were mainly due to contributions from ARA-LOGOS Logistics Trust (ALOG Trust) after the merger in April 2022.

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