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

Data from Keppel REIT’s latest disclosure is in the Singapore REITs table.

Keppel REIT announced on 25 January that its distribution per unit (DPU) for FY 2021 increased 1.6% year-on-year to 5.82 cents.

The REIT’s revenue and net property income (NPI) increased by about 27% each for the year.

Its aggregate leverage was 38.4% and all-in interest rate was 1.98% per annum.

The REIT’s portfolio committed occupancy came in at 95.4% with a long portfolio weighted average lease expiry (WALE) of 6.1 years.

Keppel REIT was last done on the Singapore Exchange (SGX) at SGD1.16, which presently implies a distribution yield of 5.02% according to data on the Singapore REITs table.

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.