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Keppel DC Reit DPU up 4.6%; KIT DPU stable in Q2

Singapore

KEPPEL DC Reit has posted a second-quarter distribution per unit (DPU) of 1.82 Singapore cents, up 4.6 per cent from the same period a year earlier.

The higher distributable income was due mainly to higher contributions from maincubes data centre in the Frankfurt region and the assets in Singapore and Dublin. However, this was partially offset by the absence of the one-off capital distribution in relation to Keppel DC Singapore 3 in Tampines, lower contribution from Basis Bay data centre...

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