Keppel REIT posts 1.5% higher DPU for Q2

Keppel REIT has posted a distribution per unit of 1.97 cents for the three months ended June. This is 1.5% higher than the 1.94 cents posted a year ago.

The increase in DPU came on the back of a 6.1% increase in distributable income from $49.8 million to $52.8 million for the second quarter.

For the six months ended June, Keppel REIT's distributable income rose 6.8% to $105.1 million from a year ago, translating into a distribution per unit of 3.94 cents.