DPU for the quarter is 2.357 cents, more than 22% higher than in Q3 2019.

Keppel DC REIT’s net property income (NPI) hit $62.37m in Q3, 47.6% YoY higher than Q3 2019’s $42.27m, according to an SGX filing. Gross revenue also climbed 46% YoY to $67.67m in the same quarter.

Distributable income also rose 47.6% YoY to $40.5m in Q3, whilst distribution per unit (DPU) increased 22.1% YoY to $0.02357.

The REIT currently has a portfolio occupancy of 96.7%. Portfolio WALE is at 7.2 years by leased area.