Keppel DC REIT poised for record DPU in 2020, says DBS


On the back of income from its latest acquisitions, data centre landlord Keppel DC REIT is poised to achieve record distribution per unit (DPU), said DBS.

The REIT has acquired two properties in Singapore over the year, and most recently announced the acquisition of a German data centre for EUR81 million.

Related: Keppel DC REIT expands footprint in Germany with EUR81 million acquisition

Keppel DC REIT is capitalising on its low gearing post the equity fund raising in September 2019, and will fund the German acquisition fully by debt.

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