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Fullerton Fund Management acquires 667,300 units in Keppel DC REIT for $2.19 apiece

Felicia Tan
Felicia Tan • 1 min read
Fullerton Fund Management acquires 667,300 units in Keppel DC REIT for $2.19 apiece
Keppel DC Singapore 7 and Keppel DC Singapore 8. Photo: Keppel DC REIT
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Fullerton Fund Management has acquired 667,300 units in Keppel DC REIT for $1,463,255.44 or $2.19 apiece. The units were bought via market transaction on Jan 31.

Fullerton’s stake in the REIT rose to 0.136% after the purchase and rose to a further 0.169% after the REIT issued a total of 40.67 million units to unitholders under the sponsor subscription on Feb 3.

On Jan 24, Keppel DC REIT reported a distribution per unit (DPU) of 9.451 cents for the FY2024 ended Dec 31, 2024, 0.7% higher y-o-y.

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