Broker's Calls

PhillipCapital maintains 'overweight' on S-REITs on continuing acquisition momentum

PhillipCapital analyst Natalie Ong has kept her “overweight” recommendation on Singapore REITs (S-REITs) due to the spate of acquisitions spurred by low interest rates and recovery in share prices.

Broker's Calls

Analysts raise target prices on Keppel DC REIT; maintain 'hold' calls

SINGAPORE (July 22): Analysts from CGS-CIMB, DBS Group Research, OCBC, and PhillipCapital have raised their target prices on Keppel DC REIT, due to met expectations on its 1H20 results.


Keppel DC REIT 1H20 DPU rises 13.6% to 4.375 cents

SINGAPORE (July 21): The manager of Keppel DC REIT has declared a distribution per unit (DPU) of 4.375 cents for 1H20 ended June 30.


The year's most resilient REITs

SINGAPORE (May 22):The best performer is Keppel DC REIT, up 16% year-to-date, followed by Mapletree Logistics Trust (MLT) and Ascendas REIT.

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


REITs have had a good run, yield compression may have come to an end

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1).

Broker's Calls

Analysts bullish on more acquisitions to boost Keppel DC REIT after 3Q results in line with expectations

SINGAPORE (Oct 17): Analysts believe that Keppel DC REIT could turn to more new acquisition to seek growth, after the data centre trust posted 3Q19 results that were in line with expectations.

Disruption and Digitalisation

Data is the new black gold

SINGAPORE (Sept 23): In a few fiery moments, the drone strikes on Saudi Aramco’s main facility at Abqaiq cut 5% off the global oil supply.


Yield-accretive data centres and offices spur DPU, NAV and AUM growth

SINGAPORE (Sept 23): Since the start of September, four real estate investment trusts and one business trust have announced equity raisings.


Keppel DC REIT acquiring two data centres for $585 mil; launches equity fund raising

SINGAPORE (Sept 16): Keppel DC REIT is acquiring a 99% stake in Keppel DC Singapore 4 and 1-Net North Data Centre for a total consideration of $585.1 million.

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