Property income fell 22.7% to $39.9 million in 2Q19, from $51.7 million a year ago, mainly due to lower one-off income for early surrender of leases.
SINGAPORE (July 15): The manager of Keppel REIT has declared distribution per unit (DPU) of 1.39 cents for the 2Q19 ended June, some 2.1% lower than DPU of 1.42 cents a year ago.
Income available for distribution dipped 2.1% to $47.3 million during the quarter, from $48.3 million in 2Q18.
