Keppel DC Reit's maiden distribution beats forecast
DPU of 1.94 Singapore cents for Dec 12-March 31 period; annualised distribution yield higher at 6.92%
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
KEPPEL DC Reit, which listed last December, reported its maiden distributable income of S$17.2 million for the period from Dec 12, 2014, to March 31, 2015. This was 1.3 per cent above its initial public offering (IPO) forecast of S$16.9 million.
Its distribution per unit (DPU) of 1.94 Singapore cents for the period is slightly above the 1.92 cents it had forecast.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
