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%
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.
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