Guangdong Data Centre (Keppel DC REIT)Guangdong Data Centre (Keppel DC REIT)

Keppel DC REIT delivered a robust 57.2% increase in distributable income to SGD127.1 million for the first half of 2025, driven by strategic acquisitions and strong rental reversions as artificial intelligence fuels unprecedented demand for data centre capacity.

The Singapore-listed REIT announced on 25 July 2025 that its distribution per unit rose 12.8% year-on-year to 5.133 cents despite an enlarged unit base following an equity fundraising in the fourth quarter of 2024.

Gross revenue surged 34.4% to SGD211.3 million in the first half, whilst net property income climbed 37.8% to SGD182.8 million.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.