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Keppel Reit gearing drops in Q4, DPU up

It has no immediate plans to raise more cash to pare down debt, says CEO
Tuesday, January 19, 2016 - 05:50

Keppel Reit.jpg
Office landlord Keppel Reit is "comfortable" with having its gearing just below 40 per cent and has no immediate plans to raise more cash to pare down debt, the head honcho of the trust manager said on Monday as it posted a higher distribution per unit (DPU) for the fourth quarter.

Singapore

OFFICE landlord Keppel Reit is "comfortable" with having its gearing just below 40 per cent and has no immediate plans to raise more cash to pare down debt, the head honcho of the trust manager said on Monday as it posted a higher distribution per unit (DPU) for the fourth

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