Keppel Reit Q4 DPU stays at 1.97 cents

KEPPEL Reit posted a fourth-quarter distribution per unit (DPU) of 1.97 cents, unchanged from a year ago.

The three months ended Dec 31, 2013, saw distributable income rising 5.9 per cent year-on-year to $54.9 million from $51.9 million.

For the full year, DPU was up 1.4 per cent at 7.88 cents while distributable income rose 6 per cent to $214 million from $201.9 million a year ago.

This is the highest full-year distributable income since the real estate investment…