Keppel DC Reit lifts DPU 11.7% to $0.08571 on strong growth

Keppel Data Centre Real Estate Investment Trust has delivered robust financial performance, with distributions per unit rising 11.7% to $0.08571 for the nine-month period ended September 30, underpinned by solid operational gains and portfolio expansion.

Distributable income climbed 16.7% year-on-year to $228 million, reflecting the REIT's success in leveraging organic growth opportunities while simultaneously pursuing acquisitions that have strengthened its market position in the region's fast-growing data centre sector.

The stronger distributable income outpace the DPU growth rate, indicating improved operational efficiency and cost management across the REIT's asset base. The performance underscores Keppel DC Reit's ability to capitalise on sustained demand for data centre capacity as businesses accelerate digital transformation initiatives across South and Southeast Asia.

The results demonstrate the REIT's strategic approach of balancing organic expansion within existing facilities with accretive acquisition opportunities, positioning it to capitalise on structural tailwinds in the region's cloud computing and digital infrastructure markets.