Attractive net property income (NPI) yield of 6.5-7.0% for proposed acquisition in Singapore
- We are positive on Keppel DC REIT’s recent proposed acquisition of two new-generation AI-ready hyperscale data centres in Singapore, namely KDC SGP 7 and KDC SGP8. Keppel DC REIT will take on an initial 99.49% effective interest in the data centres but this is expected to eventually reach 100% in FY25.
- - Read this at SGinvestors.io -
Equity fund raising completed
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
OCBC Research Team OCBC Investment Research | https://www.iocbc.com/ 2024-12-27
Read also OCBC's most recent report:
2025-01-27 Keppel DC REIT - Well Poised To Deliver Healthy DPU Growth In FY25.
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 Dividend Payout Dates & Corporate Actions,
Keppel DC REIT News
