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data centre reits
IPO
Singapore’s moribund IPO market looks to REITs for a lifeline
Lower interest rates make REITs more attractive to investors, as Japan's NTT is said to consider a US$1 bil listing on the SGX.
September 30, 2024
Data centres
Singapore remains an attractive data centre hub for investors
The externally managed S-REIT structure in Singapore’s ecosystem makes REITs a passive investment vehicle.
July 11, 2024
Data centres
Keppel DC REIT to acquire Tokyo Data Centre 1 for JPY23.4 bil
The acquisition is expected to be 1.1% accretive to DPU.
July 11, 2024
REITs
Digital Core REIT proposes additional 24.9% acquisition of Frankfurt data centre
The EUR117 million acquisition is expected to enhance the REIT's portfolio diversification and overall portfolio credit quality.
March 06, 2024
Results
Keppel DC REIT reports FY2023 DPU of 9.383 cents, 8.1% lower y-o-y
The lower DPU was due to higher finance costs and loss allowances for the uncollected rental from the Guangdong data centres.
January 26, 2024
REITs
CapitaLand India Trust secures INR13 bil onshore loan for Navi Mumbai data centre development
The five-year construction loan from J.P. Morgan India will finance the data centre phase one development.
November 10, 2023
Digital Economy
Growth capital for SingTel's RDCs may leave data centre REIT valuations unaffected
KKR acquires 20% of SingTel's RDC segment of 62MW for $1.1b as it banks on growth of a further 138MW
September 18, 2023
REITs
Digital Core REIT's second-largest customer Cyxtera files for bankruptcy
Cyxtera has obtained a commitment for up to US$200 million of debtor-in-possession financing to support ongoing operations.
June 05, 2023
Broker's Calls
'Buy' data centre S-REITs while they are under pressure from distressed tenant: DBS
Among three S-REITs facing pressure, Keppel DC REIT’s “diversified exposure” offers “longer-term growth”, says DBS Group Research.
April 11, 2023
Results
Keppel DC REIT sees 3.7% increase in DPU of 10.214 cents for FY2022
Based on the REIT’s closing price of $1.77 per unit as at Dec 31, its annualised distribution yield for FY2022 stands at 5.77%.
January 31, 2023