KEPPEL Reit on Monday announced a record quarterly distributable
income of S$55.1 million, up 5.5 per cent year-on-year, for its first
quarter ended March 31, 2014.
This translated to a distribution per unit (DPU) of 1.97 Singapore cents for the quarter, unchanged from a year ago.
The Reit said this was due to improved performance from Ocean
Financial Centre and Prudential Tower, as well as the additional income
from 8 Exhibition Street in Melbourne which was acquired in August 2013.
Net property income rose 14.7 per cent to S$39.5 million, thanks to the better performance of its properties
Mexican Peso broadly weaker as market sentiment sours
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The Mexican Peso falls versus the US Dollar after the release of US Q1 GDP
data. The Peso had already been weakening as market sentiment
turned negative. ...
57 minutes ago
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