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Higher target prices for Keppel DC REIT following 3QFY2025 improvements in DPU despite wider unit base

The Edge Singapore
The Edge Singapore  • 3 min read
Higher target prices for Keppel DC REIT following 3QFY2025 improvements in DPU despite wider unit base
Photo: Keppel DC REIT
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Despite a recent preferential offering which widened the unit base, Keppel DC REIT was able to report slightly higher distribution per unit for its 3QFY2025.

For the three months to Sept, the data centre REIT reported a DPU of 2.54 cents, up 1.4% y-o-y, thanks to rental reversions of 10%. This brings its 9MFY2025 payout to 7.67 cents, up 11.7% y-o-y.

Stripping out the effect of the preferential offering, the REIT's DPU would be 2.74 cents and 7.87 cents for its 3QFY2025 and 9MFY2025 respectively.

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