On Jan 24, Keppel DC REIT reported a distribution per unit (DPU) of 9.451 cents for the FY2024 ended Dec 31, 2024, 0.7% higher y-o-y.
Adjusted DPU, which excludes the effect of the new units that were raised via the pro-rata preferential offering before the completion of Keppel DC Singapore 7 and Keppel DC Singapore 8, increased by 1.3% y-o-y to 9.504 cents.
Keppel DC REIT was named as one of The Edge Singapore’s stock picks for 2025 due to the artificial intelligence (AI) megatrend, the rising number of digital natives, and the REIT’s recurring income.
Units in Keppel DC REIT closed 2 cents lower or 0.91% down at $2.18 on Feb 6.
