KUALA LUMPUR: Sentral Real Estate Investment Trust (REIT) said it will remain focused on asset management and leasing strategies that are centred on cost optimisation and tenant retention.
In comments accompanying its quarterly results, the REIT said it expects the Klang Valley office and retail markets to remain challenging.
"Efforts will be intensified to market the available office spaces under the portfolio with the focus on bringing in new tenants from the IT, e-commerce, serviced office and shared services sectors," it said.
During the quarter ended March 31, 2024, Sentral REIT
registered a net income of RM19.9mil, which compares to RM17.66mil in the previous corresponding quarter, translating to an earnings per share of 1.66 sen against 1.65 sen.
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