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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

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.

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