Keppel DC Reit ( former K-Reit Asia )

[winston]

not vested

Keppel Data Centre (DC) Reit on Tuesday reported a distribution per unit (DPU) of 4.795 Singapore cents for the second half of the fiscal year ended December 2020, 27.5 per cent higher than the DPU of 3.76 Singapore cents paid out in the year-ago period.

This lifted the Reit's DPU for FY 2020 to 9.17 Singapore cents, some 20.5 per cent higher than the distribution of 7.61 Singapore cents in FY 2019.

Source: Phillips

[winston]

not vested

Keppel DC REIT (KDCREIT SP) - More good things to come

Keppel DC REIT is a strong proxy to growing demand for data centre space, underpinned by increasing digitalisation and cloud adoption trends.

Its tenants come from fast growing industries such as internet enterprise, information technology services, telecommunications and financial services.

It is also one of the most defensive REITs given its long portfolio weighted average lease to expiry of ~6.8 years. BUY.

Source: OCBC

[winston]

not vested

Keppel DC REIT – Riding Technology Growth
Date: 01/02/2021

FY20 DPU of 9.17 Scts (+20.5% YoY) was in line, forming 97.1% of our estimate.

Earnings improved on the back of acquisitions and higher portfolio occupancy.
Upgrade to ACCUMULATE from NEUTRAL with DDM-based TP raised from S$2.91 to S$3.20 (COE 5.75%) after we raise occupancy.

We assume S$500mn of acquisitions in our forecasts.

https://sgx.i3investor.com/servlets/ptres/14873.jsp

[winston]

not vested

Keppel DC REIT - in the Race for the Next Acquisition
Date: 27/01/2021
Price Target : 2.80

Keppel DC REIT's FY20 DPU up 20.5% y-o-y to of S$0.0917.

Acquired Amsterdam Data Centre on an accretive 5.1% yield; on the lookout for more acquisitions.

Full occupancy at 14 properties; average occupancy at more than 90% for the other 6 properties.

TP: 2.80

Source: DBS

https://researchwise.dbsvresearch.com/R ... =gaafdkhaa

[behappyalways]

Keppel DC REIT to raise gross proceeds of between $200.1 mil to $204.3 mil via private placement of 81 mil new units
https://www.theedgesingapore.com/news/r ... ent-81-mil

[behappyalways]

Keppel DC REIT acquires second data centre in London, third in the UK
https://www.theedgesingapore.com/news/c ... n-third-uk

[behappyalways]

Keppel DC REIT reports 2HFY2021 DPU of 4.927 cents, up 2.8% y-o-y
https://www.theedgesingapore.com/capita ... s-28-y-o-y

[behappyalways]

Keppel DC REIT acquires two data centres in Guangdong, China for $297.1 mil
https://www.theedgesingapore.com/news/r ... a-2971-mil

[behappyalways]

Keppel DC REIT reports FY2023 DPU of 9.383 cents, 8.1% lower y-o-y
https://www.theedgesingapore.com/capita ... ower-y-o-y

[behappyalways]

Keppel DC REIT to acquire Tokyo Data Centre 1 for JPY23.4 bil
https://www.theedgesingapore.com/news/d ... jpy234-bil