Keppel DC Reit is on a buying spree this year.  The Milan DC, the Cardiff DC and now a Singapore DC (Keppel Datahub 2).

A rights issue for Keppel DC Reit is coming in November.  It is a preferential offering of 274 new units for every 1,000 units held for an issue price of $1.155.

Initially there was not much “meat” in the offer as it is just about 5% discount to its current price then.  But Keppel DC Reit’s price has gone up since the news and now the discount is closer to 10%.

I have collected $300+ dividends from Keppel DC Reit, but I guess I have to return all and more for this rights issue.  Well, I am on the accumulation phase, so it is alright for me.  You always need to …