Analysts from CGS-CIMB Research and DBS Group Research are slightly hesitant on the growth prospects of Keppel DC REIT despite its positive results for the FY2020.

On Jan 26, Keppel DC REIT reported distribution per unit (DPU) of 4.795 cents for the 4QFY2020 ended December, 27.5% higher y-o-y, and FY2020 DPU of 9.17 cents, which is 20.5% higher y-o-y.

See: Keppel DC REIT’s DPU surges 20.5% in FY2020, manager plans to continue with acquisitions

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