Keppel DC Reit posts 13.2% rise in Q1 DPU

Singapore

KEPPEL DC Reit on Monday posted a 13.2 per cent growth in distribution per unit (DPU) to 1.89 Singapore cents for the first quarter ended March 31, 2017.

This came on the back of a 47.6 per cent rise in distributable income to S$21.8 million - boosted by a one-off capital distribution of about S$1.7 million from its acquisition of data centre Keppel DC Singapore 3, income from acquisitions announced last year as well as lower property-related and other expenses.