The manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) announced on Tuesday (Feb 13) that DXC Technology Services will pay a settlement amount of S$13.3 million to the Reit’s facility manager by April 2024, as a “commercial and amicable resolution” to the payment dispute.

The Reit’s pro forma distribution per unit for FY2023 would have been increased by about 7 per cent, had the amount been received in the year.