Keppel REIT Announces Unaudited Group Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
For the year, the company's property income was SGD 170.3 million compared with SGD 184.1 million a year ago. Net property income was SGD 137.5 million compared with SGD 151.4 million a year ago. Total return before tax was SGD 366.8 million compared with SGD 383.5 million a year ago. Total return after tax attributable to unit holders was SGD 337.5 million compared with SGD 371.8 million a year ago. As on December 31, 2015, the company's net asset value per unit was SGD 1.44. Net cash flows generated from operating activities was SGD 114.3 million compared with SGD 42.6 million a year ago. Purchase of fixed assets was SGD 0.1 million compared with SGD 0.16 million a year ago.