Keppel REIT’s manager disposes 10.5 million units after receiving them as payment


The manager of Keppel REIT, Keppel REIT Management Limited, has disposed of 10,500,000 units in the REIT.

The units were disposed of on 30 April, and represent approximately 0.31% of the total issued units in Keppel REIT.

On 22 April, Keppel REIT reported distributable income of SGD47.3 million for 1Q 2020, unchanged from the previous year.

Its distribution per unit (DPU) for the period was 1.40 cents, marginally higher than the 1.39 cents reported in 1Q 2019.

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