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Keppel-KBS US Reit posts Q2 DPU of 1.5 US¢

Q2 income available for distribution up 31% from year ago

Keppel-KBS US Reit's properties include 13 office buildings - including Maitland Promenade I (above) in Orlando, Florida - in the US, with an aggregate net lettable area of over 4.2 million sq ft.


AN enlarged number of units from a rights issue, which outweighed contributions from two more recently acquired properties, led Keppel-KBS US Reit (KORE) to post a distribution per unit (DPU) in its second quarter ended June 30 of 1.5 US cents, lower than its forecast of 1.58 US...