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 third quarter and nine months ended 30 September 2019.

Key Highlights

  • Distributable income increased 16.9% y-o-y to $81.8 million, and DPU increased by 5.7% y-o-y to 5.78 cents for 9M 2019

  • Announced DPU-accretive acquisitions of two Singapore data centres that will increase AUM by 30.2% to approximately $2.6 billion

  • Inclusion in the FTSE EPRA Nareit Global Developed Index

  • Lower aggregate leverage of 28.9% following a successful private placement; preferential offering allows Unitholders to participate in the REIT's growth

  • Healthy portfolio occupancy of 93.6% and long WALE of 7.7 years support income visibility

Attachments:

Download - Financial Highlights
Download - Unaudited Results
Download - Presentation Slides

For more information, please contact

Media Relations
Ms Lee Wan Jun
Deputy Manager
Group Corporate Communications
Keppel Corporation
Tel: (65) 6413 6423
Email: wanjun.lee@kepcorp.com
Investor Relations
Ms Emmulin Wee
Manager
Investor Relations
Keppel Capital
Tel: (65) 6803 1857
Email: emmulin.wee@kepcapital.com

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Keppel Telecommunications & Transportation Ltd. published this content on 15 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2019 09:51:09 UTC