Keppel DC REIT's (SGX:AJBU) distribution per unit during the first nine months ended Sept. 30 was up 8.8% to SG$0.0767 from SG$0.0705 a year earlier, according to a Friday filing with the Singapore Exchange.
Distributable income was up 56% to SG$195.3 million from SG$125.6 million a year earlier.
Net property income came surged 42.2% to SG$280.2 million from SG$197.1 million.
Gross revenue was up 38% year over year to SG$322.4 million from SG$234.1 million, mainly due to the acquisitions of Keppel DC Singapore 7 and 8 and the Tokyo Data Center 1.
Meanwhile, the REIT booked a portfolio occupancy of 95.8% during the period.
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