Thursday 28 Mar 2024
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SINGAPORE (Jan 27): The manager of Keppel REIT has reported a distribution per unit (DPU) of 2.95 (Singaporean) cents for the 2HFY2022 ended Dec 31, 2022. The DPU for the second half of FY2022 stood 2.4% higher than 2HFY2021’s DPU of 2.88 cents.

The REIT’s DPU for FY2022, meanwhile, grew by 1.7% y-o-y to 5.92 cents, up from last year’s DPU of 5.82 cents.

During 2HFY2022, the REIT’s property income fell by 1.2% y-o-y to S$109.5 million, mainly due to the absence of contribution from 275 George Street in Australia. The property was divested in...(click on link for full story on theedgesingapore.com)

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