Keppel DC Reit posts 9.9% drop in first-half DPU

Quick Summary:

Keppel DC Reit's distribution will be paid on Sept 23.

Distributable income fell 11.4 per cent to $80.9 million from $91.3 million.

The Reit recorded a portfolio occupancy of 97.5 per cent, with portfolio weighted average lease (Wale) by lettable area at 6.4 years.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChina

Topics: 2024 Keppel Paid Manager Million Year Months Income Cent First Distribution

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 10:02:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21779015

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Main Topics: EconomyBusiness

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