KDC REIT’s units are priced in SGD, the distributions per unit (DPU) are priced in SGD and the REIT manager oversees the foreign exchange hedges so investors can continue receiving their distributions without hedging their positions.
Loh Hwee Long, CEO of KDC REIT’s manager, explains why the data centre REIT will continue to look for assets based in Singapore or Asia, to provide significant DPU accretion and value-add for investors
Keppel DC (KDC) REIT’s biggest advantage over peers, including the upcoming NTT DC REIT, is Singapore. The Singapore dollar (SGD) has become a haven currency of sorts following the tariffs announced on April 2 and US President Donald Trump’s Big Beautiful Bill making its way through Congress, which will raise the US deficit as a percentage of GDP, possibly putting pressure on the US dollar and upsetting the bond market.
