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HOCK LOCK SIEW

There is no Reit like data centre Reit

Both Keppel DC Reit and Mapletree Industrial Trust see their units soar in value following recent cash calls to fund their data centre purchases

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Keppel DC Reit, Asia's first pure-play data centre real estate investment trust, saw its units climb a cool 17.2 per cent over four days in September after it announced a cash call and placement to raise S$478 million that will be used to buy two data centres in Singapore later this year.

WITH a secondary fund raising scene this hot, who needs IPOs (initial public offerings)?

Keppel DC Reit, Asia's first pure-play data centre real estate investment trust, saw its units climb a cool 17.2 per cent over four days in September after it announced a cash call and placement to...

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