SUBSCRIBERS
Keppel-KBS US Reit's Q2 DPU surpasses forecast
Income available for distribution in the quarter edged up 0.1% from forecast to US$9.5 million from the year-ago period
Published Tue, Jul 17, 2018 · 09:50 PM
Singapore
KEPPEL-KBS US Reit's second-quarter distribution per unit (DPU) crept up to 1.5 US cents from its forecast of 1.49 US cents, it said on Tuesday.
This was despite a drop in rental from a tenant at Westmoor Center in Denver, Colorado, which vacated the premises ahead of its lease expiry.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly