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YTL Hospitality REIT’s income available for distribution for the quarter ended Sept 30, 2022 (1QFY23) increased 72.74% year-on-year to RM30.95 million, despite the REIT recording net property income that was at the same level as the corresponding quarter in FY2022.
This was due to normalization of rental after the end of the rental deferral program on June 30, 2022, the REIT said in its financial result announcement for 1QFY23 on Thursday.