Keppel REIT
K71U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $.z | LOCK|#$X | LOCK|#HyzG%^ |
Keppel REIT Earnings: Distribution Dip Due to Management Fees Paid in Cash; Units Undervalued
Keppel REIT's first-half 2025 net property income rose 11.8% year on year, driven by higher contributions from 225 George Street and 2 Blue Street in Australia. However, distribution per unit, or DPU, fell 2.9%, as management opted to receive 25% of its fees in cash.
