Home Capital Results

Keppel REIT reports 2HFY2021 DPU of 2.88 cents

The Edge Singapore
The Edge Singapore 1/25/2022 05:40 PM GMT+08  • 1 min read
Keppel REIT reports 2HFY2021 DPU of 2.88 cents
The value of the portfolio as at Dec 31 2021 was $8.9 billion.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Keppel REIT has reported a distribution per unit of 2.88 cents for 2HFY2021, down 1.7% y-o-y. Full year DPU, meanwhile, was up 1.6% y-o-y to 5.82 cents.

Net property income attributable to unitholders for the six months ended Dec 2021 was $79.9 million, up 17.5% y-o-y. Property income for the same period was $110.8 million, up 16.9% y-o-y.

Keppel REIT attributes the higher distribution in FY2021 to accretive acquisitions namely the Victoria Police Centre in Melbourne and Pinnacle Office Park in Sydney in 2020, and Keppel Bay Tower in Singapore in May 2021.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now