Keppel DC REIT (KDC REIT)

For the next few months, investors may start monitoring price to net asset value for REITs rather than their yields.

For the 4QFY2019/2020 ended March 31, Mapletree Commercial Trust (MCT) slashed its DPU by 60.6% y-o-y to 0.91 cent. Although MCT’s distributable amount in 4QFY2019/2020 rose 10.5% y-o-y, $43.7 million was retained to claim capital

SINGAPORE (Mar 20): REITs have not been spared the global equity sell-off — the latest of which was inadvertently triggered by global central banks.

KGI analyst Kenny Tan the data centre theme remains relevant with intact supply chains, and this has in turn provided support to KDCREIT's unit price despite heavy sell-offs in the recent weeks.

Data centre comeback of 2019 Keppel DC REIT was the best performing REIT in Singapore, in both the 2020-year through to Feb 21, and for last year. Note these total returns include price moves and dividend distributions and assumes that the dividends

SINGAPORE (Feb 10): The outbreak of the novel coronavirus is likely to affect REITs with exposure to Singapore’s hospitality sector. This is no surprise, given Chinese visitors comprised around 24% of total visi­tors for the 11 months to Nov 30, 2019.

KDCREIT is likely to continue to see growth on the back of acquisitions. But are current valuations looking steep?

If you are new to the stock market, real estate investment trusts, or REITs, are a good place to start.

The year’s top gainer was no surprise (see chart 1). Keppel DC REIT is in demand because data centres are in demand, and supply is likely to be limited given that Singapore is curbing the building of more data centres. Ascendas Hospitality Trust was acq