Keppel DC Singapore 3 (KDC SGP 3)

Broker's Calls

Why Keppel DC REIT is expected to march on despite Basis Bay downsizing

SINGAPORE (July 18): The downsizing of leased space by Keppel DC REIT’s tenant at Basis Bay Data Centre in Malaysia cuts occupancy at the property to 63.1%, from 100% previously. Meanwhile, portfolio occupancy slipped 2 percentage points q-o-q to 93.1%.
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