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data centre reits
Results
Keppel DC REIT reports FY2023 DPU of 9.383 cents, 8.1% lower y-o-y
The lower DPU was due to higher finance costs and loss allowances for the uncollected rental from the Guangdong data centres.
January 26, 2024
REITs
CapitaLand India Trust secures INR13 bil onshore loan for Navi Mumbai data centre development
The five-year construction loan from J.P. Morgan India will finance the data centre phase one development.
November 10, 2023
Digital Economy
Growth capital for SingTel's RDCs may leave data centre REIT valuations unaffected
KKR acquires 20% of SingTel's RDC segment of 62MW for $1.1b as it banks on growth of a further 138MW
September 18, 2023
REITs
Digital Core REIT's second-largest customer Cyxtera files for bankruptcy
Cyxtera has obtained a commitment for up to US$200 million of debtor-in-possession financing to support ongoing operations.
June 05, 2023
Broker's Calls
'Buy' data centre S-REITs while they are under pressure from distressed tenant: DBS
Among three S-REITs facing pressure, Keppel DC REIT’s “diversified exposure” offers “longer-term growth”, says DBS Group Research.
April 11, 2023
Results
Keppel DC REIT sees 3.7% increase in DPU of 10.214 cents for FY2022
Based on the REIT’s closing price of $1.77 per unit as at Dec 31, its annualised distribution yield for FY2022 stands at 5.77%.
January 31, 2023
REITs
CapitaLand India Trust to invest a total of $328.8 mil to acquire freehold site and develop third data centre in India
The data centre is slated to be completed by the end of 2025.
December 13, 2022
Broker's Calls
DBS maintains 'buy' on Digital Core REIT on further DPU accretion
DBS analysts say the REIT’s upsized debt-funded acquisition or share buyback will generate further DPU accretion.
November 23, 2022
Broker's Calls
Analysts keep 'buy' calls for Keppel DC REIT as acquisitions continue
DBS Group Research and CGS-CIMB Research have maintained their “buy” and “add” calls with lower TPs of 2.20 and $2.12.
October 31, 2022
Results
Keppel DC REIT sees 2.5% increase in DPU of 5.049 cents in 1HFY2022
The distributions will be paid out on Sept 9.
July 25, 2022