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Keppel DC Reit posts 0.2% increase in Q1 DPU

Yong Jun Yuan
Published Wed, Apr 20, 2022 · 05:50 AM

DATA centre-focused Keppel Data Centre (DC) Reit reported on Tuesday (Apr 19) a marginal increase in first-quarter distribution per unit (DPU) of 0.2 per cent to S$0.02466, up from S$0.02462 a year earlier.

In its business update for the first quarter ended Mar 31, the real-estate investment trust (Reit) posted a 1.4 per cent decline in net property income to S$60.1 million, down from S$61.0 million a year earlier.

Gross revenue fell 0.9 per cent to S$66.1 million, down from S$66.7 million year on year.

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