data centres

Broker's Calls

Data centre industry an attractive theme for FY20, but Keppel DC REIT 'fully valued': KGI

SINGAPORE (Mar 11): KGI Securities has downgraded Keppel DC REIT (KDCREIT) to “neutral” from the previous “outperform” recommendation with an increased target price of $2.19, representing a downsid

REITs

Keppel DC REIT's five-year returns soar with industry leader

SINGAPORE (Feb 28): Efficient access to Asia’s Capital has established Singapore as an international hub for the listing and trading of international REITs.

Broker's Calls

Keppel DC REIT likely to see higher DPU ahead on acquisition-led growth, says CGS-CIMB

SINGAPORE (Jan 22): Keppel DC REIT (KDCREIT) on Jan 21 reported a 20.4% increase in distributable income to unitholders to $31.5 million for 4QFY2019 ended December 2019, bringing full-year distrib

M&A

Mapletree Industrial Trust and Mapletree Investments to acquire US$1.4 bil data centre portfolio in North America

SINGAPORE (Sept 16): Mapletree Industrial Trust (MIT) and Mapletree Investments have formed a joint venture to acquire a US$1.4 billion ($1.9 billion) data centre portfolio in North Ameri

Yield watch

Data centres in demand as supply evaporates; units in KDC REIT and MINT continue their ascent

SINGAPORE (Sept 9): In the world of tech, when you use the cloud, you are simply storing your data and programs on the internet instead of in your computer.

Investing ideas

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.

Tech

GIC, Equinix in JV to develop data centres in Europe for more than US$1 bil

SINGAPORE (July 2): GIC, a global long-term investor and manager of Singapore’s foreign reserves, is betting big on the growth in demand for data centres.

Company in the news

Lendlease announces US$1 billion data centre partnership

SINGAPORE (July 1): Sydney-based leading international property and infrastructure group, Lendlease has announced a partnership to invest in data centres across the

Broker's Calls

Keppel DC REIT brimming with growth opportunities, but vulnerable to competition: DBS

SINGAPORE (Jan 23): DBS Vickers Securities is maintaining “buy” on Keppel DC REIT (KDC REIT) while raising its target price from $1.52 to $1.60, which is the highest on the street, after the REIT’s

Results

Keppel DC REIT's 4Q DPU grows 5.7% to 1.85 cents on higher income

SINGAPORE (Jan 22): The manager of Keppel DC REIT announced a DPU of 1.85 cents for 4Q18, up 5.7% y-o-y from 1.75 cents on the back of higher gross rental income and other income.  

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