Keppel REIT Q1 net property income down 0.6% to $31.22m

Submitted By:  Danielle Isaac Case Study:  No Its property income from 275 George Street crashed 26.5% to $3.74m. It was an unexciting first quarter for Keppel REIT as its net property income (NPI) dipped by 0.6% YoY from $31.39m to $31.22m. According to its financial statement, distributable income slightly rose 0.2% to $48.23m, whilst distribution per unit (DPU) dipped 2.1% to 1.42 cents per share. read more