Keppel DC REIT - OCBC Investment Research 2025-10-27: Growth Continues Despite Dilution

• Keppel DC REIT (SGX:AJBU) reported another robust set of results. 9M25 gross revenue and net property income (NPI) jumped 37.7% and 42.2% y-o-y to S$322.4m and S$280.2m respectively. This was driven both by contributions from acquisitions and organic growth arising from higher rentals from previous lease renewals, but partially offset by divestments and absence of one-off items.

9M25 results in-line with our expectations.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Portfolio rental reversions eased to 10% in the absence of major lease renewals in 3Q25.

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2026-02-02 Keppel DC REIT - Much To Look Forward To In FY26.

Price targets by 3 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