Keppel REIT's Ocean Financial Centre, Singapore.Keppel REIT's Ocean Financial Centre, Singapore.

Office landlord Keppel REIT (SGX:K71U) has announced an advanced Distribution per Unit (DPU) for the period from 1 January 2013 to 3 March 2013 of 1.35 Singapore cents. The DPU comprises of 0.65 cents of distribution of taxable income, 0.57 cents of distribution of tax-exempt income and 0.13 cents of distribution of capital.

Keppel REIT
All 9 properties of Keppel REIT are located either within or close to the Central Business Districts (CBD) of Sydney, Brisbane and Singapore. 

Keppel REIT has clarified in its announcement that unitholders who are holding on to the said units as of 5.00 pm on 1 March 2013 will be entitled to the advanced distribution. However new units issued pursuant to the placement undertaken by Keppel REIT on 21 February 2013 will not be entitled to the Advanced Distribution.

Keppel REIT holds nine office commercial buildings close to the central business districts of Singapore, Sydney and Brisbane. Units of Keppel REIT closed the day flat at S$1.35 on the day of the announcement.

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.