Keppel DC REIT

Latest Result: 2Q 2026

Sector Breakdown

Geographical Breakdown

Basic Profile

Stock CodeAJBU
Listing Date12-Dec-14
Entity TypeREIT
Payout FrequencySemi-Annually
Fiscal Year End31-Dec
SponsorKeppel Ltd.
Key Statistics Stats as at: 2026-07-24
Current Price
S$2.25
Market Cap
S$5.35B
Price / NAV
1.30x
Div Yield (TTM)
4.61%
52 Week Range
52W Low 52W High
Financial Performance

Financial Performance

Gross Revenue$121.09M (QoQ +0.1%)
Net Property Income$105.21M (QoQ +0.0%)
NPI Margin87.0% (QoQ +0.3%)
Distributable Income$80.5M (QoQ +1.8%)
DPU2.881 cents (QoQ +1.7%)

Portfolio Stats

AUMS$6.23B
No. Properties25
Property Yield6.81% (QoQ +0.7%)
Rental Reversion51.0%
Capital Structure

Debt Metrics

Interest Cover 6.9x (QoQ -4.2%)
Avg Debt Term 3.3 years
Gearing Ratio 34.0% (QoQ -3.1%)
Cost of Debt 2.7% (QoQ +3.8%)
Fixed Rate Debt 84.8%
Highest Annual Debt Maturity 19.0%

Lease Expiry

WALE (by GRI) 4.5 years (QoQ -2.2%)
Committed Occupancy 92.5% (QoQ -3.2%)
Income in SGD/Major Currencies 94.35%
Highest Annual Lease Expiry 27.4%

Sponsor & Manager Shareholding

REIT Sponsor 19.338%
REIT Manager 0.137%
Directors of Manager 0.023%

Management Fees

Base Fee 0.5% p.a. of Deposited Property
Performance Fee 3.5% p.a. of NPI
Historical Trends

Dividend Yield (%) (DPU/Price)

P/NAV (Price/NAV)

DPU (cents)

DPU Component % (Distribution Breakdown)

NAV per Unit ($)

Units in Issue (bil)

Gearing Ratio (%)

Adjusted Interest Coverage (x)

Committed Occupancy (%)