Net property income (NPI) increased by 10.1% y-o-y to $106.7 million with an NPI margin of 79.0%
The manager of Mapletree Commercial Trust (MCT) has posted gross revenue of $135.0 million for the 1QFY2022/2023, 8.8% higher than gross revenue of $124.1 million in the same period the year before.
During the quarter, property expenses increased by 4.0% y-o-y to $28.3 million.
