Keppel DC REIT posts 38.4% profit surge driven by property gains
Distribution per unit rose 9.8% year on year to $0.10381.
Keppel DC REIT’s profit after tax surged by 38.4% to $434.7m for FY2025, boosted by a net fair value gain of $161.6m on its investment properties.
Distribution per unit rose 9.8% year on year to $0.10381, translating to a yield of 4.61% based on the REIT’s closing price of $2.25 per unit.
Distributable income surged 55.2% to $268.1m, driven by contributions from newly acquired data centres in Singapore and Tokyo, as well as higher contract renewals and escalations.
Gross revenue jumped 42.2% to $441.4m.