Keppel DC Reit posts 0.2% increase in Q1 DPU

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.