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Keppel Reit Q1 DPU falls 13.7% y-o-y on Prudential Tower sale, lower rental support

Singapore

THE sale of Prudential Tower late last year and lower rental support in the first quarter led Keppel Reit to post a distribution per unit (DPU) of 1.70 Singapore cents for the three months ended March 31, 2015. This was a 13.7 per cent drop from the 1.97 cents it paid a year ago

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