Keppel DC REIT - UOB Kay Hian 2024-01-29: Hope For The Best But Prepared For The Worst

Keppel DC REIT - Hope For The Best But Prepared For The Worst

Keppel DC REIT (SGX:AJBU) | SGinvestors.ioKeppel DC REIT (SGX:AJBU)
  • Keppel DC REIT's 2H23 results were affected by provisions for arrears from Guangdong data centres of S$10.5m, equivalent to 5.5 months of rental income from DC 1 and DC 2 and coupon income from DC 3. Keppel DC REIT has drawn up a recovery road map and seeks to resolve the arrears amicably.
  • - Read this at -
  • Geographical diversification has cushioned the negative impact from Guangdong data centres. Maintain BUY rating on Keppel DC REIT.

Keppel DC REIT's 2H23 Results

Taking the hit from Guangdong data centres.

  • - Read this at -
  • The decline in Keppel DC REIT's distribution is entirely due to the provisions, which reduced 2H23 DPU by 0.649 cents or 15%.

Resolving the arrears amicably where possible.

  •

Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @

Jonathan KOH CFA UOB Kay Hian Research | 2024-01-29

Previous report by UOB:
2024-01-12 Keppel DC REIT - Latent Potential Unleashed As AI Gradually Permeates Our Daily Lives.

Price targets by 2 other brokers at Keppel DC REIT Target Prices.

Listing of research reports at Keppel DC REIT Analyst Reports.

Relevant links:
Keppel DC REIT Share Price History,
Keppel DC REIT Announcements,
Keppel DC REIT Dividends & Corporate Actions,
Keppel DC REIT News Articles


You May Also Like

SGX Stock / REIT Search


Most Read

Trust Bank God Of Fortune Referral Code PGKPSWAE Trust Bank Referral Code 🧧