Brokers' take
Keppel DC Reit | Buy Target price: S$1.30 Jan 24 close: S$1.205 DBS Group Research, Jan 24
KEPPEL DC Reit remains one of the few Reits in Singapore that has the ability to acquire at a lower cost of capital.
The Reit is projected to deliver a solid 5 per cent compound annual growth rate in distributions supported by positive market dynamics.
Low gearing of 30 per cent and low cost of capital empower the Reit with financial capacity to acquire accretive assets.
Maintain "buy" with a revised target price of S$1.30 after p…
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