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Keppel DC REIT (KDC REIT)
REITs
Keppel DC REIT prices $109.9 mil worth of 2.61% notes due 2028
The notes are expected to be issued on May 17 and will mature on May 17, 2028.
May 10, 2022
Broker's Calls
CGS-CIMB keeps 'add' on Keppel DC REIT in spite of 'minor near-term hiccup'
CGS-CIMB has kept "add" on the REIT with an unchanged target price of $2.62.
April 20, 2022
Results
Keppel DC REIT’s debt costs remain low, ICR high, but utility bills could rise
Keppel DC REIT's DPU rose marginally to 2.466 cents translating into a yield of 4.44%, but utility costs could rise
April 19, 2022
REITs
Legal proceedings against DXC Technology Services over payment default at Keppel DC REIT property
The parties have not been able to arrive at a mutually acceptable resolution despite discussions and mediation.
March 21, 2022
Company in the news
Keppel DC REIT acquires second data centre in London, third in the UK
With the acquisition of London Data Centre, Keppel DC REIT will have a total of 21 data centres in Asia Pacific and Europe.
December 27, 2021
REITs
Rollin’ good times for data centre REITs
Demand for data centres and data centre REITs are hot and the S-REIT scene is about to get hotter with new Digital Core REIT.
December 02, 2021
Broker's Calls
DBS upgrades KDC REIT, other analysts remain neutral
DBS Group Research upgrades its rating on KDC to "buy", but other analysts are less optimistic.
October 26, 2021
Results
Keppel DC REIT posts 4.5% higher DPU of 2.462 cents in 3QFY2021 due to accretive acquisitions and AEI works
Distributable income for the same period was up by 6.3% y-o-y to $43.1 million.
October 25, 2021
Right Timing
FTSE REIT Index vulnerable to taper but some REITs could escape tantrum
The FTSE REIT Index could be vulnerable to a taper, but some REITs with in-built growth drivers could escape the tantrum
September 30, 2021
Billion Dollar Club 2021
Keppel DC REIT and Mapletree Industrial Trust ride on hot data centre market to come up tops
Keppel DC REIT has kept its crown as the overall sector winner among all REITs in the Billion Dollar Club.
September 10, 2021