On 19th April 2024, Keppel DC REIT released their 1Q2024 Operational Updates. Distribution Per Unit (DPU) declined 13.7% year-on-year from 2.541 cents in 1Q2023 to 2.192 cents in 1Q2024. The DPU were impacted by higher finance costs and less favourable forex hedges in 2024. As such, recently, Keppel DC REIT share price has been going through ups and downs. What is Keppel DC REIT dividend yield? Let me share more below. First, let me touch on Keppel DC REIT’s divestment. In this operational update, Keppel DC REIT reiterated the news of the divestment of Intellicentre Campus in Sydney, Australia where it had entered into a sale and purchase agreement to divest its 100% freehold interest in Intellicentre Campus at an agreed value of A$174.0 million (approximately S$152.1 million). The agreed value represents a 35.4% premium to the property’s FY2023 valuation of A$128.5 million (approximately S$112.3 million). The transactions are expected to be 0.7% accretive to distribution per unit (DPU). Assuming that the transactions had been...