SINGAPORE (Oct 17): Analysts are maintaining Keppel DC REIT (KDCREIT) at “buy” on healthy demand for data centres, AUM growth via acquisition and 3Q18 healthy operating metrics.

KDCREIT last night reported its 3Q18 gross revenue and NPI jumped 34.0% and 33.4% y-o-y to $47.6 million and $43 million, respectively driven largely by acquisitions and higher variable income from its Singapore properties.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook