Keppel DC REIT

Equity raising

Keppel DC REIT's upsized private placement 3.4 times covered

More than $1.08 billion has been raised at $2.09 per unit
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
Four REITs tussle for top position in this year's Billion Dollar Club - THE EDGE SINGAPORE

Billion Dollar Club 2024

Four REITs tussle for top position in this year's Billion Dollar Club

FCT now owns or holds stakes in 10 suburban retail properties and one office asset, valued at $7.6 billion

Broker's Calls

Broker's Digest: Keppel DC REIT, Parkway Life REIT, PropNex

See what the analysts say this week.
Singapore remains an attractive data centre hub for investors - THE EDGE SINGAPORE

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.

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.
DBS keeps 'buy' call on Keppel DC REIT even with Guangdong tenant's overhang - THE EDGE SINGAPORE

Broker's Calls

DBS keeps 'buy' call on Keppel DC REIT even with Guangdong tenant's overhang (update)

DBS is already assuming no income from Guangdong and any positive development will be an upside to its valuation estimates
Keppel DC REIT tenant, Neo Telemedia, suspends trading on delay in FY2023 results - THE EDGE SINGAPORE

REITs

Keppel DC REIT tenant, Neo Telemedia, suspends trading on delay in FY2023 results

Neo Telemedia, master lessee of Keppel DC REIT's China data centres, suspends share trading amid delay in reporting FY2023 results

Broker's Calls

PhillipCapital downgrades Keppel DC REIT to 'accumulate', lowers TP to $1.86

The analyst has cut his FY2024, FY2025 and FY2026 DPU estimates for Keppel DC REIT by 14%, 11% and 8% respectively.
Keppel DC REIT’s manager faces unanswered questions on Guangdong DC 1 and 2  - THE EDGE SINGAPORE

REITs

Keppel DC REIT’s manager faces unanswered questions on Guangdong DC 1 and 2

Keppel DC REIT's manager grapples with questions on Guangdong Data Centres 1&2, but details are scant as DPU falls 8.1% in FY2023
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