Keppel DC Reit's Q1 DPU up 13.2%

KEPPEL DC Reit has achieved a distributable income of S$21.8 million for its first quarter ended March 31, 2017, up 47.6 per cent year on year.

Gross revenue for the three months climbed 30.1 per cent to S$32.2 million while net property income went up 36.1 per cent to S$28.8 million. Property expenses dropped 5.7 per cent to S$3.4 million.

The quarter's distribution per unit (DPU) added 13.2 per cent to 1.89 Singapore cents.