Media Releases and SGX Announcements

21 Jan 2020

Unaudited Results of Keppel DC REIT for the Fourth Quarter and Full Year Ended 31 December 2019

The Directors of Keppel DC REIT Management Pte. Ltd., as Manager of Keppel DC REIT, are pleased to announce the unaudited results of Keppel DC REIT for the fourth quarter and full year ended 31 December 2019.

Keppel DC REIT delivers 5.3% year-on-year growth in adjusted DPU to 7.71 cents for FY 2019

Key Highlights

  • Declared DPU of 1.83 cents for 4Q 2019, bringing total DPU for FY 2019 to 7.61 cents, 4.0% above FY 2018's DPU of 7.32 cents
  • Adjusted DPU of 7.71 cents for FY 2019, a 5.3% increase from FY 2018's DPU of 7.32 cents
  • Deepening presence in Germany with DPU-accretive acquisition of Kelsterbach Data Centre
  • Optimising portfolio returns by increasing power capacity at Keppel DC Singapore 5 and fitting out shell & core space at DC1
  • Healthy portfolio occupancy of 94.9% and long WALE of 8.6 years support income stability
  • Low aggregate leverage of 30.7% provides comfortable debt headroom for acquisition growth

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Disclaimer

Keppel DC REIT published this content on 21 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2020 10:53:19 UTC