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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

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.

That said,...

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