Keppel DC Reit posts 13.6% rise in H1 DPU

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Keppel DC Reit posts 13.6% rise in H1 DPU
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KEPPEL Data Centre (DC) Reit on Tuesday posted a distribution per unit (DPU) of 4.375 Singapore cents for the half-year ended June 30, up 13.6 per cent from 3.85 cents a year ago. Read more at The Business Times.

Following the completion of the acquisitions of Kelsterbach DC and the remaining 999‐year leasehold land interest at Keppel DC Dublin 1 in H1, the Reit’s assets under management as at June 30, 2020 was increased to S$2.8 billion.

Asset-enhancements works at Keppel DC Dublin 1 have resumed following the two-month lockdown by the Irish government, and are expected to be completed in H2. Additional space at Keppel DC Dublin 2 is currently being converted into a data hall, to be completed in H1 2021.

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