Investor Presentaiton
Key Highlights
Steady growth in adjusted
DPU, increased by 5.0% to 7.32
cents in FY 2018
Stable income stream
with healthy portfolio
occupancy and long WALE
Low aggregate leverage
provides financial flexibility to
pursue growth
Adjusted DPU (cents)
7.50
7.00
Portfolio Occupancy
93.1%
as at 31 Dec 2018
Portfolio WALE
Aggregate Leverage³
30.8%
as at 31 Dec 2018
Interest Coverage
7.32
6.50
6.972
6.681
6.51
6.00
FY 2015 FY 2016 FY 2017 FY 2018
by leased area
as at 31 Dec 2018
8.3 years
11.4 times
(1) Exclude the impact of the pro-rata preferential offering and the one-off net property tax refund in 2016.
(2) Exclude the one-off capital distribution arising from the later completion of Keppel DC Singapore 3 in 2017.
(3) Aggregate Leverage was computed based on gross borrowings as a percentage of the deposited properties, both of which do not take into consideration the
finance lease liabilities pertaining to land rent commitments for iseek Data Centre and Keppel DC Dublin 1.
Keppel DC REIT
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