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Keppel Reit raises Q4 DPU by 2.9% on higher property income
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Published Wed, Jan 22, 2020 · 09:50 PM
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Singapore
KEPPEL Reit's distribution per unit (DPU) was higher in the fourth quarter, while it saw gains in net property income (NPI) due in part to contributions from T Tower.
For the fourth quarter ended Dec 31, DPU rose 2.9 per cent to 1.4 Singapore cents, versus 1.36 cents a year earlier. This brings the total DPU for the full year to 5.58 cents, or up 0.4 per cent from the previous financial year.
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