Investor Presentaiton
Distributable Income
+/(-)
($'000)
FY 2018
FY 2017
%
Distributable Income to Unitholders
Gross Revenue
96,096
82,320
+16.7
175,535
139,050
+26.2
Property Expenses
(17,862)
(13,931)
+28.2
Net Property Income
157,673
125,119
+26.0
Distribution per Unit 1,2 (DPU) (cents)
7.32
7.12
+2.8
Adjusted DPU 2,3 (cents)
7.32
6.97
+5.0
Distribution Yield 2,4 (%)
5.42
5.27
+15 bps
(1) FY 2017 DPU included a one-off capital distribution of 0.15 cents per Unit for the month of Dec 2016 arising from the later completion of
Keppel DC Singapore 3. This excludes the Capex Reserves set aside for Keppel DC Singapore 3 and Keppel DC Singapore 5.
(2) The Manager declared distributions of 3.62 cents per Unit for 1H 2018. For 2H 2018, eligible Unitholders received a distribution of 3.70 cents
per Unit.
(3) Excluding the one-off capital distribution of 0.15 cents per Unit recorded in 1Q 2017, the adjusted DPU for FY 2017 would be 6.97 cents.
(4) Distribution yields were computed based on FY 2018 closing price of $1.350.
Keppel DC REIT
19View entire presentation