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Keppel DC Reit's Q4 DPU beats forecast by 1.9%

Net property income surpasses projection, helped by Sydney acquisition and lower-than-expected property expenses

Published Thu, Jan 14, 2016 · 09:50 PM

Singapore

KEPPEL DC Reit reported a distribution per unit (DPU) of 1.64 Singapore cents for the fourth quarter ended Dec 31, 2015, marginally beating its own forecast by 1.9 per cent.

This came on the back of net property income (NPI) of S$21.85 million, which also surpassed its forecast by 1.9 per cent.

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Companies & Markets

Companies & Markets

Keppel DC Reit's Q4 DPU beats forecast by 1.9%

Companies & Markets

Cordlife says private placement is to address urgent cash needs

TSMC keeps sales growth up in April as AI drives 60% jump

OCBC CEO confident on 2024 performance as Q1 profit rises 5% to S$1.98 billion

Europe’s rush for rate cuts shifts global market power away from US

A$90 billion Australia pension reviews investments as Israel-linked firms face pressure

JPMorgan says India index inclusion on track, clients ready

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