The manager of Keppel DC REIT has reported distribution per unit (DPU) of 2.462 cents for the 1QFY2021 ended March, 18.1% higher than DPU of 2.085 cents for the 1QFY2020.

The higher DPU was supported by accretive acquisitions and asset enhancement initiatives (AEIs) in 2020, reported the REIT.

The REIT recently completed AEI works at Keppel DC Dublin 2 and DC1 that came up to a total of some $72 million.

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