KEPPEL DC Reit's maiden acquisition in China will provide a significant boost to distributions at the data centre real estate investment trust (Reit), analysts said as they upgraded their calls on Tuesday.

KEPPEL DC Reit's maiden acquisition in China will provide a significant boost to distributions at the data centre real estate investment trust (Reit), analysts said as they upgraded their calls on Tuesday. They also believe the Reit could begin adding more aggressively to its portfolio....

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

KEPPEL DC Reit is acquiring its first data centre in China for 635.9 million yuan (S$132 million), its manager said on Monday as it announced a 12.5 per cent growth in distribution per unit (DPU) to 4.924 Singapore cents for the first-half ended June 30, 2021.

On July 26, Keppel DC REIT announced its manager has entered into agreements with Guangdong Bluesea Data Development Co (Bluesea) and its parent company, Guangdong Bluesea Mobile Development Co, to acquire Guangdong Data Centre, a fully-fitted data centre facility in Jiangmen, Guangdong Province, fo...

KEPPEL DC Reit is acquiring its first data centre in China for 635.9 million yuan (S$132 million), its manager said on Monday as it announced a 12.5 per cent growth in distribution per unit (DPU) to 4.924 Singapore cents for the first-half ended June 30, 2021.

Keppel DC REIT has reported distributable income of $84.3 million for the 1HFY2021, up 12.4% y-o-y from $75 million. Excluding an amount of capital expenditure set aside for certain properties, the REIT’s manager has declared a distribution amount of $80.4 million for the period. This translates t...

SPH’s newspaper print ad revenue continues to decline, falling 17.6% y-o-y for 9MFY2021, as the restructuring of its media assets is set to be discussed at an EGM in August or September 2021. SPH reports its financial year ending August 31. SPH’s media segment saw total circulation copies remain...

If there is a choice between ParkwayLife REIT (PLife REIT) and First REIT which one would traders choose? Apparently neither as one intrepid trader pointed out that REITs are not for punting but for investing. “Their volume is very low. PLife REIT has 1.9 million units traded and First REIT only 7...

Keppel Corporation has on July 8 announced that Calcium DC, a 60:40 joint venture between Alpha DC Fund and Keppel Data Centres Holding (KDCH), is divesting a data centre facility in Frankfurt for EUR76 million ($121.6 million). Alpha DC Fund is managed by Alpha Investment Partners, the private fund...