Keppel REIT 3Q DPU falls 12.5% to 1.4 cents on lower share of results of associates

SINGAPORE (Oct 17): The manager of Keppel REIT has declared a distribution per unit (DPU) of 1.4 cents in 3Q17, 12.5% lower than the DPU of 1.6 cents in 3Q16 on lower share of results of associates. 

This brings the REIT’s 9M17 DPU to a total of 4.27 cents.

Net property income for the quarter grew 0.3% to $31.7 million in 3Q17 from $31.6 million in 3Q16, while property income grew 2.3% to $40.4 million from $39.5 million a year ago.

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