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Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update

Felicia Tan
Felicia Tan • 2 min read
Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update
For the nine-month period, the REIT also saw a 16.5% y-o-y growth in DPU of 6.732 cents.
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The manager of Keppel DC REIT has declared a distribution per unit (DPU) of 2.357 cents for 3QFY2020 ended Sept 30, 22.1% higher than the DPU of 1.930 cents reported in 3QFY2019.

The REIT’s distributable income for the quarter grew 47.6% to $40.5 million from $27.4 million in the year before.

The increase in DPU is primarily supported by new acquisitions by the REIT.

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