SUBSCRIBERS

Sale of Sydney office building hits Keppel Reit in Q2

Absence of income contribution leads Reit to post a drop in DPU to 1.61 Singapore cents for the period

Published Tue, Jul 19, 2016 · 09:50 PM

Singapore

THE sale of a Sydney commercial building, 77 King Street, in the first quarter affected Keppel Reit's second-quarter results.

The Reit had announced the A$160 million (S$158 million) sale to a unit of Invesco Asia Core Fund in January this year.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets