The Directors of Keppel DC REIT Management Pte. Ltd., as Manager of Keppel DC REIT, are pleased to announce the unaudited results of Keppel DC REIT for the second half and full year ended 31 December 2020.

Keppel DC REIT delivers 20.5% year-on-year growth in DPU to 9.170 cents for FY 2020

 Key Highlights

• Strong performance in FY 2020 with full year contributions from Keppel DC Singapore 4 and DC1 as well as new acquisitions in Europe
• Strengthened European presence with three DPU-accretive acquisitions: The remaining 999-year leasehold land interest at Keppel DC Dublin 1 in Ireland and Kelsterbach Data Centre in Germany in 1H 2020, as well as Amsterdam Data Centre in end-December 2020
• Achieved total Unitholder returns of 38.4% for FY 2020, and 311.6% since listing as at 31 December 2020
• Capitalised on strong demand for data centre space by undertaking proactive asset management initiatives to improve portfolio occupancy
• Aggregate leverage of 36.2% provides debt headroom for acquisition growth and asset enhancement initiatives