Keppel DC REIT has reported a distribution per unit (DPU) of 1.75 Singapore cents for its 4Q 2017, an increase of 33.6% over the 1.31 cents reported for the corresponding period of 2016.

However after adjusting for a one-off anomalies, the DPU for 4Q 2016 would have been 1.67 cents instead, which translates to a 4.8% increase in 4Q 2017’s DPU.

Correspondingly adjusted DPU for FY 2017 came in at 6.97 cents, representing a 4.3% growth from FY 2016’s adjusted DPU of 6.68 cents after adjusting for the impact of the pro-rata preferential offering, and a one-off net property tax refund recorded in FY 2016.

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