Keppel DC Reit posts 4.3% rise in Q3 DPU

Singapore

KEPPEL DC Reit has posted a third-quarter distribution per unit (DPU) of 1.93 Singapore cents, up 4.3 per cent from 1.85 Singapore cents in the same period a year earlier.

The higher distributable income was due mainly to higher contributions from the Singapore properties, lower tax expenses and higher net realised gains on derivatives relating to the settlement of foreign currency forward contracts hedged.