Keppel DC REIT (SGX:AJBU)
Singapore flag Singapore · Delayed Price · Currency is SGD
2.230
-0.060 (-2.62%)
Jul 30, 2026, 5:06 PM SGT

Keppel DC REIT Earnings Call Transcripts

Fiscal Year 2026

  • Distributable income rose 19% and DPU 11% year-over-year, with 95% of power capacity contracted and strong portfolio reversion. Leverage improved to 34%, and new contracts are set to boost future income, especially at Gore Hill and Guangdong Data Centres.

Fiscal Year 2025

  • Record DPU and distributable income were achieved in FY2025, driven by acquisitions and strong portfolio performance. Leverage remains healthy, with a focus on hyperscale strategy and further accretive acquisitions, while risks include China valuation declines and upcoming asset vacancies.

  • Distributable income surged 57.2% year-on-year in H1 2025, driven by acquisitions and strong portfolio performance, with robust rental reversions and low leverage supporting future growth. Strategic asset management and a focus on hyperscale opportunities underpin a positive outlook.