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Can Keppel DC REIT deliver the acquisitions needed to keep premium valuations?

Samantha Chiew
Samantha Chiew7/22/2019 03:40 PM GMT+08  • 3 min read
Can Keppel DC REIT deliver the acquisitions needed to keep premium valuations?
SINGAPORE (July 22): Keppel DC REIT, the first pure-play data centre REIT listed in Asia, has seen its shares climb some 28% so far this year on the back of the global boom in data centres.
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SINGAPORE (July 22): Keppel DC REIT, the first pure-play data centre REIT listed in Asia, has seen its shares climb some 28% so far this year on the back of the global boom in data centres.

The REIT is now trading near an all-time high, nearly double of its IPO price of 93 cents per unit in December 2014.

In the latest quarter, Keppel DC REIT posted a 6% increase in distribution per unit (DPU) to 1.93 cents, from 1.82 cents in 2Q18.

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