DPU slips 4% to 2.61 cents on enlarged unit base. Keppel REIT’s net property income (NPI) rose 13.1% year-on-year to $122.5m in the first half of the year, driven mainly by contributions from Top Ryde City Shopping Centre. Excluding the shopping centre, NPI grew 2.5% from a year earlier, according to a bourse filing. However, distribution per unit fell 4% to 2.61 cents due to an enlarged unit base during the period. Separately, Keppel REIT is divesting KR Ginza II in Tokyo, Japan for $90.9m (JPY11.52b), representing a 28.4% premium over its November 2022 purchase price and 9.7% above its latest valuation.