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Hektar REIT Posts Rm26.78 Million Revenue in 1Q - Outlook for retail remains challenging - Second MCO weighed on mall visits and consumer spending - Management remains vigilant in monitoring recovery KUALA LUMPUR, 2021年05月24日 - (JCN Newswire) - Hektar Asset Management Sdn. Bhd., the Manager for Hektar Real Estate Investment Trust ( Hektar REIT ), today announced the first quarter results ended 31 March 2021 ( 1Q 2021 ). Hektar REIT recorded revenue of RM26.78 million, which is 12.8% lower than the RM30.71 million recorded in the same quarter of the preceding year. The reported revenue fell mainly due to the rental income, carpark income and lower hotel occupancy, consistent with other retail and hospitality REITs that were affected because of the pandemic outbreak and implementation of mobility restrictions. Net property income of RM14.09 million for the quarter decreased by 10.3% compared to the RM15.71 million recorded in 1Q 2020. Realised income for the quarter was RM

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