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Keppel DC Reit's maiden distribution beats forecast

DPU of 1.94 Singapore cents for Dec 12-March 31 period; annualised distribution yield higher at 6.92%

Published Thu, Apr 9, 2015 · 09:50 PM

Singapore

KEPPEL DC Reit, which listed last December, reported its maiden distributable income of S$17.2 million for the period from Dec 12, 2014, to March 31, 2015. This was 1.3 per cent above its initial public offering (IPO) forecast of S$16.9 million.

Its distribution per unit (DPU) of 1.94 Singapore cents for the period is …

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