Keppel DC REIT Earnings Call Transcripts
Fiscal Year 2026
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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
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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.
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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.