Keppel DC REIT

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4 articles for Keppel DC REIT

Keppel DC REIT: Earnings cushioned by recent investments

1Q22 DPU of 2.466 Scts (+0.2% YoY) was in line, forming 24.9% of our FY22e forecast. Contributions from investments in Eindhoven DC, Guangdong DC, London DC and NetCo bonds totalling c. The current share price implies FY22e/23e DPU yields of 4.7%/4.8...
PhillipCapital Natalie Ong
Natalie Ong Pei Fong @ PhillipCapital 21 April 2022

Keppel DC REIT: Assuredly accretive acquisitions

+ 3Q21 DPU +4.5% YoY due to acquisitions and AEI. We estimate that these acquisitions could provide more than 6% DPU accretion for KDC. - Occupancy has remained at 63.1% since 2Q17. KDC is evaluating several on- and off-market deals with cap rates ra...
PhillipCapital Natalie Ong
Natalie Ong Pei Fong @ PhillipCapital 27 October 2021

Keppel Corporation: On track to exceed S$3-5bn divestment target before 2023

Keppel’s settlement agreement with Brazilian company Sete Brasil relating to its frozen rig jobs is now effective. Keppel Offshore & Marine (Keppel O&M) subsidiary will have full title and ownership to four rigs. Under the MOU entered between Keppel ...
PhillipCapital Terence
Terence Chua @ PhillipCapital 19 October 2021

Keppel DC REIT: Riding technology growth

+ FY20 NPI and DPU grew 37.7% and 20.5% YoY respectively, led by newly-acquired KDC4 and DC1 in Singapore (in 2H19) and Kelsterbach DC in Germany (on 1 May 2020). Portfolio occupancy was also higher from completed AEI and higher demand. Natural decay...
PhillipCapital Natalie Ong
Natalie Ong Pei Fong @ PhillipCapital 3 February 2021

Details

Singapore
Asia
Pharmaceuticals, Biotechnology & Life Sciences
About
Keppel DC REIT is Asia's first pure-play data centre REIT listed on the Singapore Exchange. Keppel DC REIT's investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate related assets.

Associated topics

Natalie Ong Pei Fong Pharmaceuticals, Biotechnology & Life Sciences Equity KDC Health Care Singapore Asia Keppel DC REIT DC1 Guangdong DC Bluesea Intelligence Valley DPU NetCo GRI