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Keppel REIT announces higher 2H2020 and FY2020 DPU, boosted by Aussie acquisition - THE EDGE SINGAPORE

REITs

Keppel REIT announces higher 2H2020 and FY2020 DPU, boosted by Aussie acquisition

Keppel REIT's FY2020 DPU rose 2.7% to 5.73 cents, boosted by an Australian acquisition, translating into a yield of 4.85%
Suntec REIT reports 21.9% drop in 3Q DPU to 1.848 cents on lower distributable income - THE EDGE SINGAPORE

Results

Suntec REIT reports 21.9% drop in 3Q DPU to 1.848 cents on lower distributable income

The REIT will be distributing its 3Q distributable income in full due to 'encouraging signs of recovery'.

Company in the news

Bytedance moving to bigger Singapore office amid expansion plan

The new office is being refurbished and it’s likely that employees will move in by the first quarter.

Results

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. 

Broker's Calls

This REIT is well prepared for the office oversupply situation

SINGAPORE (Oct 19): Market watchers remain positive on Keppel Real Estate Investment Trust after the REIT announced that it had renewed all of its leases expiring in FY16, and is poised to ride through the looming oversupply coming up within the next two
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