Keppel REIT's Ocean Financial Centre, in which a stake was sold to Allianz Real Estate in 2018. (Photo: REITsWeek)

Keppel REIT has reported higher distributable income and distribution per unit (DPU), bolstered by capital gains of SGD2 million.

3Q 2019 DPU was up 2.9% year-on-year at 1.40 Singapore cents.

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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.