Keppel REIT
K71U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| r.Y | LOCK|nN | LOCK|w@SL^t# |
Keppel REIT Earnings: Ginza Asset Sale to Support Debt Reduction; Positive Rent Reversions Continue
Keppel REIT's distributable income rose 25.2% year on year in the first half of 2026, driven by the Top Ryde and MBFC Tower 3 acquisitions. However, distribution per unit, or DPU, fell 4.0% to SGD 0.026 as the SGD 886 million rights issue for the MBFC Tower 3 acquisition diluted distributions.
