Keppel REIT asset, 255 George Street. (Photo: Keppel REIT)

Keppel REIT has announced its financial results for the first quarter of 2025, with net property income (NPI) rising 13.3% year-on-year to SGD54.6 million.

In a media release issued on 23 April, the REIT reported that property income increased by 12.1% to SGD68.7 million compared to the same period last year.

The REIT also saw its share of results from associates grow by 11.0% to SGD24.3 million.

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By Shariffa Al-Habshee

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