UNITHOLDERS of Keppel DC Reit have voted in favour of the proposal to invest a total of S$89.7 million in bonds and preference shares to be issued by M1 Network (NetCo), which owns the mobile, fixed and fibre assets of telco M1.

A pivot towards new economy assets have benefited industrial Singapore REITs (S-REITs), which is why DBS Group Research analysts Dale Lai and Derek Tan are positive on the sub-sector. To be sure, Lai and Tan deem now as a good time to “recycle, redevelop, and reposition” assets to drive returns....

UNITHOLDERS of Keppel DC Reit have voted in favour of the proposal to invest a total of S$89.7 million in bonds and preference shares to be issued by M1 Network (NetCo), which owns the mobile, fixed and fibre assets of telco M1.

Exuberance over data centre assets, although worrisome, may not be in bubble territory just yet. All of us are using more data, spurred not only by fun stuff like Tik-Tok and Instagram story but also serious stuff such as cloud adoption by businesses, e-commerce, internet of things, autonomous vehic...

Watch out for Omicron, as the new Covid-19 variant is set to exert short-term pressure on reopening names in travel and hospitality, along with office and retail segments, say DBS Group Research analysts Paul Yong and Yeo Kee Yan. “In the short-term, we can expect news flow on travel restrictions ...

DBS Group Research analysts Dale Lai, Geraldine Wong, Derek Tan and Rachel Tan have upgraded their rating on Keppel DC REIT (KDC REIT) to “buy” with a target price of $3, after it announced “surprise acquisitions”. They highlight that the announcement of the acquisition of Guangdong Data Cen...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 26):

KEPPEL Data Centre (DC) real estate investment trust (Reit) on Monday (Oct 25) posted a distribution per unit (DPU) of S$0.02462 for its third quarter ended Sep 30, 2021, up 4.5 per cent from the S$0.02357 it posted a year ago.

Keppel DC REIT has reported distribution per unit (DPU) of 2.462 cents for the 3QFY2021 ended September, 4.5% higher than DPU of 2.357 cents in the corresponding period the year before. Distributable income for the same period was up by 6.3% y-o-y to $43.1 million. Gross revenue in the 3QFY2021 in...

Keppel Data Centre (DC) real estate investment trust (Reit) on Monday posted a distribution per unit (DPU) of S$0.02462 for its third quarter ended Sep 30, 2021, up 4.5 per cent from the S$0.02357 it posted a year ago.