data centre reits

REITs

Digital Core REIT proposes additional 24.9% acquisition of Frankfurt data centre

The EUR117 million acquisition is expected to enhance the REIT's portfolio diversification and overall portfolio credit quality.

Results

Keppel DC REIT reports FY2023 DPU of 9.383 cents, 8.1% lower y-o-y

The lower DPU was due to higher finance costs and loss allowances for the uncollected rental from the Guangdong data centres.

REITs

CapitaLand India Trust secures INR13 bil onshore loan for Navi Mumbai data centre development

The five-year construction loan from J.P. Morgan India will finance the data centre phase one development.
Growth capital for SingTel's RDCs may leave data centre REIT valuations unaffected  - THE EDGE SINGAPORE

Digital Economy

Growth capital for SingTel's RDCs may leave data centre REIT valuations unaffected

KKR acquires 20% of SingTel's RDC segment of 62MW for $1.1b as it banks on growth of a further 138MW
Digital Core REIT's second-largest customer Cyxtera files for bankruptcy - THE EDGE SINGAPORE

REITs

Digital Core REIT's second-largest customer Cyxtera files for bankruptcy

Cyxtera has obtained a commitment for up to US$200 million of debtor-in-possession financing to support ongoing operations.
'Buy' data centre S-REITs while they are under pressure from distressed tenant: DBS - THE EDGE SINGAPORE

Broker's Calls

'Buy' data centre S-REITs while they are under pressure from distressed tenant: DBS

Among three S-REITs facing pressure, Keppel DC REIT’s “diversified exposure” offers “longer-term growth”, says DBS Group Research.

Results

Keppel DC REIT sees 3.7% increase in DPU of 10.214 cents for FY2022

Based on the REIT’s closing price of $1.77 per unit as at Dec 31, its annualised distribution yield for FY2022 stands at 5.77%.

Broker's Calls

DBS maintains 'buy' on Digital Core REIT on further DPU accretion

DBS analysts say the REIT’s upsized debt-funded acquisition or share buyback will generate further DPU accretion.

Broker's Calls

Analysts keep 'buy' calls for Keppel DC REIT as acquisitions continue

DBS Group Research and CGS-CIMB Research have maintained their “buy” and “add” calls with lower TPs of 2.20 and $2.12.
×