In addition, the completion of Intellicentre 3 East Data Centre (IC3 East DC) development at Intellicentre Campus in Sydney, Australia in July 2021; as well as the completion of asset enhancement initiatives at data centres in Dublin and Singapore in 1Q 2021 helped too.
Keppel DC REIT has reported a distribution per unit of 4.927 cents, up 2.8% y-o-y for 2HFY2021 ended Dec 2021. Distributable income for the same period was up 6.6% y-o-y to $87.4 million, on the back of a 4% y-o-y dip in revenue to $135.9 million.
The higher income can be attributed to contributions from new acquisitions such as the Kelsterbach Data Centre in Germany (May 2020), Amsterdam Data Centre (December 2020) and Eindhoven Campus (September 2021) in the Netherlands.
