Keppel REIT reports 7.2% higher NPI of $48.2 mil in 1QFY2024
The Edge • 21 days ago
K71U.SI : Singapore Exchange
0.870
0.00%
Share Price in SGD. As of 17:04:10 SGT
Revenue: SGD 61.30M
Increased 6% Year-on-Year
Higher rentals, as well as contribution from 2 Blue Street
Net Property Income (NPI): SGD 48.20M
Increased 7% Year-on-Year
Higher rentals, as well as contribution from 2 Blue Street
Portfolio Occupancy: 96.4%
Rental Reversion: 10.9%
Strong demand for prime office space
Leverage/Gearing: 39%
Delivering sustainable long-term total return to the Unitholders remains a key focus for Keppel REIT. The Manager will continue to adopt a prudent stance towards capital management and a proactive approach in managing the portfolio.
Sources: Keppel REIT Financial Report
Price Target: $0.994
Source: SGX as of 16 Mar 2024
K71U.SI | Market
| |
---|---|---|
1 Day | 0.00% | 0.09% |
5 Day | 0.58% | 0.11% |
1 Month | 2.96% | 3.64% |
6 Month | 0.58% | 6.17% |
YTD | -6.95% | 2.28% |
1 Year | -4.40% | -2.08% |
5 Year | -29.84% | 0.09% |
The Edge • 21 days ago
REITs
SGX Research • 22 days ago
REITs
SGX Research • a month ago
By SGX as of 16 Mar 2024
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