{
  "id": 16141291,
  "title": "Keppel DC Reit 9M DPU up 11.7% at $0.08571 on organic growth, acquisitions",
  "url": "https://urgent.news/2026/10/23/keppel-dc-reit-9m-dpu-up-11-7-at-0-08571-on-organic-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T01:56:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/keppel-dc-reit-9m-dpu-up-11-7-at-0-08571-on-organic-growth-acquisitions"
  },
  "original_language": "en",
  "account": "Keppel DC Reit reported an 11.7% increase in distributable per unit (DPU) to $0.08571 for the nine months ending September 30, 2025. Operating income climbed 16.7% year-over-year to $228 million, propelled by enhanced performance, rental reversions, and escalations, as well as acquisitions like Tokyo Data Centre 3 and raised effective interests in Keppel DC Singapore 3 and 4. However, higher financing costs from acquisition loans and lease extensions affected growth. Occupancy reached 93%, up from 92.5%, with a weighted average lease expiry of 6.5 years. Aggregate leverage grew to 36.2% as of year-end, up 220 basis points, due to partial yen loan drawdown for Tokyo Data Centre 4 and 5 acquisitions. Data center fundamentals remained robust, with AI adoption expected to broaden enterprise demand, with AI workloads projected to make up half of Asia-Pacific data center demand by 2030.",
  "summary": "Distributable income rose 16.7% year on year to $228 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Keppel DC Reit 9M DPU up 11.7% at S$0.08571 on organic growth, acquisitions",
        "url": "https://urgent.news/2026/10/23/keppel-dc-reit-9m-dpu-up-11-7-at-s-0-08571-on-organic-growth",
        "published": "2026-10-23T00:12:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}