The Business Times

Keppel DC Reit

Companies & Markets

Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit

The deals are to be completed in the first quarter of 2026

Suntec City Mall's Q3 rental reversion stands at 8.6%, moderating from 21.6% in the preceding quarter.
Companies & Markets
REIT WATCH

Q3 reporting season kicks off with growth in S-Reits’ distributions

[SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over t...

The Reit manager attributed its higher NPI for the nine months ended Sep 30 to the acquisitions of Keppel DC Singapore 7 and 8.
Companies & Markets

Keppel DC Reit’s 9-month distributable income rises 55.5%

DPU up 8.8% at S$0.0767 from S$0.0705

Keppel DC Reit will hold a 98.5% interest in Tokyo Data Centre 3, while Keppel will hold the remainder.
Reits & Property

Keppel DC Reit raising S$404 million from unitholders to help fund 82-billion yen Tokyo data centre buy

Under preferential offering, unitholders are entitled to 80 units for every 1,000 units owned at $2.24 each

Keppel DC Reit's manager says the transaction was completed through the exercise of a call option with Keppel’s indirect wholly owned subsidiary.
Companies & Markets

Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million 

The two are AI-ready hyperscale data centres in Singapore

A server room in one of Keppel DC Reit’s data centre assets (above). The Reit had subscribed to S$88.7 million in bonds and 100% of the preference shares issued by NetCo, for S$1 million.
Companies & Markets

Keppel DC Reit proposes sale of M1-issued NetCo bonds, preference shares

Under the terms, the trust receives S$11 million a year for 15 years and gets 50% board representation

Singapore stocks notch the sixth straight session of declines on Friday, as most Asia markets close lower following the US' latest tariff announcement.
Companies & Markets

Singapore shares on longest losing streak since April; STI falls 0.5%

Across the broader market, losers outnumber gainers 340 to 244, as 1.3 billion securities worth S$1.7 billion change hands

Keppel DC Dublin 1 is one of the Reit's properties. The Reit's revenue is up 34.4% at S$211.3 million for the half year.
Companies & Markets

Keppel DC Reit posts 12.8% rise in H1 DPU to S$0.05133

Distributable income is up 57.2% at S$127.1 million for the period

The other four companies on the STI's reserve list are CapitaLand Ascott Trust, ComfortDelGro, Keppel Reit and Suntec Reit.
Singapore

Keppel DC Reit to replace Jardine C&C on STI

NetLink NBN Trust will take over Keppel DC Reit on the index’s reserve list

Following the change, the board will comprise six directors, of whom four are independent directors.
Companies & Markets

Keppel DC Reit names Low Huan Ping as lead independent director amid board changes

This comes after unitholders voted against the re-election of Kenny Kwan at the AGM on Apr 15

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