Keppel DC REIT (AJBU.SI) shares are soaring 5.31% in early trading on Friday, following the announcement of impressive financial results for the first half of 2025. The strong performance has attracted investor attention, pushing the stock higher as the market digests the positive news.
According to the company's latest financial report, Keppel DC REIT's distributable income for 1H2025 reached $127.1 million, marking a substantial 57.2% increase year-over-year. This growth was primarily driven by contributions from strategic acquisitions, including Keppel DC Singapore 7 & 8 and Tokyo Data Centre 1, as well as positive impacts from contract renewals and escalations.
The REIT's distribution per unit (DPU) for 1H2025 rose by 12.8% year-over-year to 5.133 cents, despite an enlarged unit base following an equity fund raise in the fourth quarter of 2024. This impressive DPU growth, even with a larger number of units, demonstrates the REIT's ability to create value for unitholders and likely contributes to the strong investor sentiment reflected in today's stock price surge.
Keppel DC Reit soars 5.31% at 9:55 am, July 25th.
