(KDC)

JP Morgan positive on acquisition but raises concern about Keppel DC REIT's $350 mil payout for land extension - THE EDGE SINGAPORE

REITs

JP Morgan positive on acquisition but raises concern about Keppel DC REIT's $350 mil payout for land extension

Despite accretions of 6.7% to 11.1% to DPU from KDC REIT's proposed DC acquisitions, JP Morgan thinks unitholders may question a $350 million upfront payment to the sellers for land lease extension
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