The Directors of Keppel REIT Management Limited, as Manager of Keppel REIT, are pleased to announce the unaudited results of Keppel REIT for the second quarter and half year ended 30 June 2018.

Keppel REIT delivers stable distributable income of $48.3 million for 2Q 2018

Key Highlights

  • Distributable income (DI) of $48.3 million for the second quarter of 2018 (2Q 2018), bringing DI for the half year of 2018 (1H 2018) to $96.6 million.
  • Distribution per unit (DPU) for 1H 2018 was 2.84 cents, with DPU of 1.42 cents declared for 2Q 2018.
  • No refinancing requirement until 2019. 77% of total borrowings on fixed rates.
  • Aggregate leverage at 38.6% and all-in interest rate at 2.77% per annum.
  • High portfolio committed occupancy of 99.3% and portfolio weighted average lease expiry (WALE) of 5.2 years.

Attachments:

Download - Financial Highlights
Download - Unaudited Results
Download - Presentation Slides

For more information, please contact:

Media Relations

Ms Eileen Tan
Deputy Manager
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6430 / (65) 9770 2546
Email: eileen.tan@kepcorp.com

Investor Relations

Ms Liang Huihui
Assistant Manager
Investor Relations
Keppel Capital
Tel: (65) 6803 1649
Email: huihui.liang@kepcapital.com

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Disclaimer

Keppel Corporation Ltd. published this content on 16 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 July 2018 09:20:06 UTC