Keppel REIT

SINGAPORE (Jan 21): The manager of Keppel REIT has declared a 4Q18 distribution per unit (DPU) of 1.36 cents, representing a 4.9% decline from its quarterly DPU of 1.43 cents a year ago.

SINGAPORE (Nov 30): Keppel REIT is divesting a 20% stake in Ocean Financial Centre to Allianz Real Estate.

SINGAPORE (Oct 15): The manager of Keppel REIT has declared a DPU for 3Q18 of 1.36 cents. This is 2.9% lower than the DPU of 1.40 cents for 3Q17 and brings DPU for 9M18 to 4.20 cents compared to 4.27 cents a year ago.

SINGAPORE (July 17): DBS Vickers Securities and CGS-CIMB Securities are maintaining their respective “buy” and “add” calls on Keppel REIT (K-REIT) with unchanged price target estimates of $1.41 and $1.34, after the REIT’s 2Q DPU of 1.42 cents ca

SINGAPORE (Apr 18): The manager of Keppel REIT has declared a 1Q18 DPU of 1.42 cents, 2.1% lower than 1.45 cents recorded in 1Q17.

SINGAPORE (Mar 19): DBS Group Research is remaining upbeat on Singapore REITs (S-REITs) given investors are looking for re-entry opportunities with the recent correction in unit prices.

SINGAPORE (Jan 25): RHB Research is downgrading Keppel REIT to “sell”, from “neutral” previously, on the back of negative rent reversions that are likely to persist for K-REIT.

SINGAPORE (Jan 23): The manager of Keppel REIT has reported a distribution per unit (DPU) of 1.43 cents for the quarter ended Dec 2017, down 3.4% on-year from 1.48 cents in 4Q16 after factoring in nearly $11 million of net tax and other adjustments.

SINGAPORE (Nov 28): Macquarie Research is turning more cautious on Singapore real estate invest trusts (REITs) in 2018 as limited upside is expected for the sector.

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.