Keppel DC REIT - UOB Kay Hian 2026-04-17: 1Q26 Boost From Accretive Acquisition In Tokyo

• Keppel DC REIT reported a DPU of 2.833 cents for 1Q26 (+13% y-o-y), which is above our expectation.
• NPI grew 19% y-o-y in 1Q26 due to full-quarter contribution from the newly acquired Tokyo Data Centre 3 (completion: 19 Nov 25), and contract renewals and rental escalation. This was partially offset by the divestment Kelsterbach Data Centre in Germany (completion: 24 Mar 25). NPI margin expanded slightly by 0.8ppt y-o-y to 87.0% in 1Q26.
• - Read this at SGinvestors.io -

Clocked strong positive rental reversion.

• Keppel DC REIT achieved strong positive rental reversion of 51% during 1Q26 for the renewal of a small, long dated colocation lease in Singapore.
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Insulated from fluctuations in electricity tariffs.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2026-04-08 Keppel DC REIT - Anchored By Stability And Resiliency In Singapore.

Price targets by 4 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