Keppel Reit H2 DPU down 1.7% to S$0.0288
But Reit manager 'quietly confident' on positive news ahead on the leasing front; it has also seen positive rental reversions
Singapore
THE manager of Keppel Reit on Tuesday (Jan 25) said it was "quietly confident" on positive news ahead on the leasing front, even as the Covid-19 pandemic continues to hamper a return to office.
Keppel Reit's portfolio committed occupancy fell to 95.4 per cent as at Dec 31, 2021, down 1.7 percentage points from 97.1 per cent in the preceding quarter. Year on year, portfolio occupancy has dropped 2.5 percentage points from the 97.9 per cent recorded as at Dec 31, 2020.
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