Keppel DC REIT's NPI up 32.1% to $114.22m in H1

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No This is attributed to the firm’s acquisitions of Keppel DC Singapore 4 and DC1. Keppel DC REIT’s net property income (NPI) jumped 32.1% YoY to $114.22m in H1 from $86.49m in 2019, an announcement revealed. Revenue also grew 29.8% YoY to $123.95m from $95.49m. Distributable income rose 38% YoY to $74.98m for H1 whilst distribution per unit (DPU) inched up 13.6% YoY over the same period to $0.04375 from $0.0385. read more