Media Releases and SGX Announcements
21 Jul 2020
Unaudited Results of Keppel DC REIT for the First Half Ended 30 June 2020
Keppel DC REIT delivers 38% y-o-y growth in distributable income for 1H 2020 supported by new acquisitions
Key Highlights
Distributable income increased by 38.0% year-on-year (y-o-y) to $75.0 million in 1H 2020, largely contributed by the acquisitions of Keppel DC Singapore 4 and DC1 in 4Q 2019
Declared DPU of 4.375 cents for 1H 2020, 13.6% higher than 1H 2019's 3.850 cents
Completed two European acquisitions and obtained tax transparency treatment for Keppel DC Singapore 4 in 1H 2020
Strong income visibility supported by healthy portfolio statistics and sector resilience amid the COVID-19 pandemic
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Keppel DC REIT published this content on 21 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2020 10:15:05 UTC