As the manager has elected to receive 25% of its management fees in cash starting from FY2025, Keppel REIT’s distributable income would have risen by 6.7% y-o-y to $155.3 million if 100% of management fees were paid in cash.
Keppel REIT has reported a distributable income of $144.6 million for the 9MFY2025 ended Sept 30, 0.6% lower y-o-y.
Including the anniversary distribution, the REIT will distribute $159.6 million for the nine-month period, also 0.6% lower y-o-y.
