Keppel DC Reit's Q1 DPU up 6.7%

Singapore

KEPPEL DC Reit posted a distribution per unit (DPU) of 1.92 Singapore cents for the first quarter ended March 31, 2019, up 6.7 per cent from 1.8 cents a year ago.

Distributable income grew 29.9 per cent to S$27.1 million, due to the enlarged asset base following the acquisitions of maincubes Data Centre in Offenbach am Main, Germany, and Keppel DC Singapore 5 in 2018.