Basis Bay Data Centre

REITs

Keppel DC REIT divesting Basis Bay Data Centre in Malaysia at 2.6% above valuation

Basis Bay Data Centre, through Basis Bay Capital Management, was already part of Keppel DC REIT’s portfolio when it listed in 2014.

Results

Keppel DC REIT's 9M DPU rises 4.2% to 5.22 cents

SINGAPORE (Oct 16): The manager of Keppel DC REIT has announced a 9M17 adjusted DPU of 5.22 cents, excluding the one-off capital distribution that arose from the Keppel DC Singapore 3 acquisition in January.

Broker's Calls

Why Keppel DC REIT is expected to march on despite Basis Bay downsizing

SINGAPORE (July 18): The downsizing of leased space by Keppel DC REIT’s tenant at Basis Bay Data Centre in Malaysia cuts occupancy at the property to 63.1%, from 100% previously. Meanwhile, portfolio occupancy slipped 2 percentage points q-o-q to 93.1%.
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