Shortly after announcing an interesting divestment,
Keppel DC REIT (SGX: AJBU) also announced its Q1 FY2024 results. Given the current high interest rate environment, could this divestment be a good move? In this article, we’ll deep dive into the 5 important takeaways from Keppel DC REIT Q1 FY2024 results, which also includes my analysis of the divestment.
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- Strong Improvement in Gross Revenue and NPI
| Year on Year Difference |
Q1 FY2024 |
Q4 FY2023 |
Q1 FY2023 |
| Gross Revenue |
S$83.364 million (+19%) |
S$70.067 million |
S$70.403 million |
| Net Property Income (NPI) |
S$71.013 million (+34%) |
S$53.013 million |
S$63.888 million |
...
