KEPPEL TELECOM. & TRANSPORT. LTD. 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 fourth quarter and full year ended 31 December 2016.
Keppel DC REIT's FY 2016 Distributable Income Exceeds Forecast by 4.0%
Key Highlights
• Portfolio grew during the year with three acquisitions
• DPU of 2.80 cents declared for 2H 2016
• Distributable income for FY 2016 was $61.0 million, 4.0% higher than IPO forecast
• Adjusted distribution yield based on IPO price was 7.18%, up 3 bps from IPO forecast
• Portfolio occupancy of 94.4%
• Portfolio weighted average lease expiry (WALE) of 9.6 years by leased lettable area
• Aggregate leverage of 28.3%
• Strong interest coverage ratio of 9.4 times
Attachments:
Download - Financial Highlights
Download - Unaudited Results
Download - Presentation Slides
For more information, please contact:
Media Relations
Mr Kevin Ho | Investor Relations
Ms Liang Hui Hui |
Keppel Telecommunications & Transportation Ltd. published this content on 23 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2017 09:45:02 UTC.
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