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 second half and full year ended 31 December 2021.
Keppel DC REIT achieves 7.4% y-o-y growth in DPU for FY 2021
Key Highlights
- Distribution per Unit (DPU) of 9.851 cents for FY 2021, a 7.4% increase from FY 2020
- Higher distributable income (DI) in FY 2021 underpinned by contributions from new acquisitions and higher asset occupancies largely contributed by the completion of asset enhancement initiatives
- Keen focus on value creation with a record number of four accretive acquisitions and investments across strategic markets within one year
- Maintained stable portfolio metrics with high portfolio occupancy of 98.3% and long weighted average lease expiry of 7.5 years by leased area