Otherwise, distributable income from operations fell by 2.1% y-o-y to $97.6 million in the 2HFY2024 and fell by 2.1% y-o-y to $194.5 million in the FY2024.
Keppel REIT has reported a distribution per unit (DPU) of 2.80 cents for the 2HFY2024 ended Dec 31, 2024, 3.4% lower y-o-y, bringing FY2024 DPU to 5.60 cents, 3.4% lower y-o-y.
The lower DPUs for the 2HFY2024 and FY2024, which include the annual distribution of $20 million, were mainly due to higher borrowing costs.
