---
title: "Keppel REIT's Distributable Income Down 3.5% in Q1"
description: "Keppel REIT reported a 3.5% decline in distributable income to SG$48.4 million for Q1 2025, down from SG$50.2 million a year prior. Including anniversary distribution, the total was SG$53.4 million, a"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/237084710.md"
published_at: "2025-04-23T03:40:07.000Z"
---

# Keppel REIT's Distributable Income Down 3.5% in Q1

> Keppel REIT reported a 3.5% decline in distributable income to SG$48.4 million for Q1 2025, down from SG$50.2 million a year prior. Including anniversary distribution, the total was SG$53.4 million, a 3.2% decrease. However, net property income increased by 13% to SG$54.6 million, driven by strong performance from 255 George Street. The REIT maintained a high portfolio occupancy of 96% with a rental reversion of 10.6%. Shares rose nearly 2% in recent trading.

Keppel REIT's distributable income from operations slipped 3.5% to SG$48.4 million in the first quarter of 2025 from SG$50.2 million a year earlier.

Distributable income, including anniversary distribution, was down 3.2% to SG$53.4 million, according to a filing with the Singapore Exchange.

Net property income rose 13% to SG$54.6 million from SG$48.2 million a year ago.

Property income was up 12% year over year to SG$68.7 million from SG$61.3 million, due to strong contributions from 255 George Street.

The REIT reported a portfolio occupancy of 96%, thanks to a robust rental reversion of 10.6%.

Shares of the REIT were up nearly 2% in recent trading.

### Related Stocks

- [K71U.SG - Keppel Reit](https://longbridge.com/en/quote/K71U.SG.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Keppel Philippines Properties Says Keppel, Others, To Sell 86.83% Of Co | Keppel Philippines Properties Inc :KEPPEL, OTHERS, TO SELL 86.83% OF CO FOR 472.7 MILLION PESOS | [Link](https://longbridge.com/en/news/275831864.md) |
| 11:00 ETInventHelp Inventor Develops New Pacifier Accessory for Babies (SDK-171) | InventHelp has announced the development of a new pacifier accessory designed by an experienced father from University P | [Link](https://longbridge.com/en/news/276462249.md) |
| Keppel Repurchases More Shares Worth SG$2.5 Million | Keppel Repurchases More Shares Worth SG$2.5 Million | [Link](https://longbridge.com/en/news/276044127.md) |
| Buy Rating Backed by Occupancy Recovery, Stronger Cash Flows, and Undervalued Yield Opportunity | DBS analyst Derek Tan has maintained a Buy rating on OXMU stock, citing improving occupancy rates expected to reach 90%  | [Link](https://longbridge.com/en/news/276074592.md) |
| DBS Keeps Their Buy Rating on Lendlease Global Commercial REIT (JYEU) | DBS analyst Geraldine Wong has maintained a Buy rating on Lendlease Global Commercial REIT (JYEU) with a price target of | [Link](https://longbridge.com/en/news/276019609.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.