The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Acquisitions boost Keppel DC Reit's Q2 performance

DPU rises 4.2% to 1.74 cents, while net property income jumps 41.9% to S$31.4m

Published Mon, Jul 17, 2017 · 09:50 PM
Share this article.

Singapore

INCOME contributions from the newly acquired Milan and Cardiff data centres and the 90 per cent interest in Keppel DC Singapore 3 (KDC SGP 3) in Tampines boosted Keppel DC Reit's second-quarter performance.

It also helped that the Australian dollar appreciated against the Singapore dollar in the quarter, and the trust saw higher income from Keppel DC Singapore 1 (KDC SGP 1) in Serangoon.

KEYWORDS IN THIS ARTICLE

Data centres

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here