Keppel DC REIT (KDC REIT)

Results

Keppel DC REIT reports stable 1HFY2023 DPU of 5.051 cents

Unitholders will receive their distributions on Sept 14.

Broker's Calls

Analysts mixed on Keppel DC REIT’s acquisition prospects in FY2023

CGS-CIMB and DBS have maintained 'add' and 'buy' calls while Citi and OCBC have kept to 'neutral' and 'hold'.

Results

Keppel DC REIT reports 5% increase in 3QFY2022 DPU of 2.585 cents

In the 9MFY2022, DPU stood 3.4% higher y-o-y at 7.634 cents while distributable income stood 8.5% higher y-o-y at $138.1 million.

Broker's Calls

Analysts estimate Keppel DC REIT's TP to hit within a range of $2.04 to $2.63

OCBC has lowered its TP to $2.04, the lowest among the four brokerages, due to the REIT's exposure to China.
Keppel DC REIT sees 2.5% increase in DPU of 5.049 cents in 1HFY2022 - THE EDGE SINGAPORE

Results

Keppel DC REIT sees 2.5% increase in DPU of 5.049 cents in 1HFY2022

The distributions will be paid out on Sept 9.
Analysts positive on Keppel DC REIT with recent Guangdong data centre acquisitions - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Keppel DC REIT with recent Guangdong data centre acquisitions

Analysts positive on Keppel DC REIT with recent Guangdong data centre acquisitions

Broker's Calls

CGS-CIMB ups Keppel DC REIT's TP and DPU estimates after China data centre acquisitions

“We believe the longer-term demand for data centres remain intact," says CGS-CIMB analyst Lock Mun Yee.
Keppel DC REIT acquires two data centres in Guangdong, China for $297.1 mil - THE EDGE SINGAPORE

REITs

Keppel DC REIT acquires two data centres in Guangdong, China for $297.1 mil

The acquisitions are expected to be accretive to the REIT’s DPU, says the REIT manager.
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