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Battle of Stocks (COVID Winner): Keppel DC REIT
By The Smart Investor  •  July 14, 2021
Dear Smart Investor, Thank you for voting for our first stock poll for the battle of the stocks. The first round featured two winning stocks last year amid a pandemic — Keppel DC REIT (SGX: AJBU) and Sheng Siong Group Ltd (SGX: OV8). The question for the duo, of course, is whether their good fortune in 2020 can carry on into 2021 and beyond. After an intensive round of voting, Keppel DC REIT has emerged as the winner! The data centre REIT owns 19 data centres spread across eight countries as of 31 March 2021. Assets under management stood at US$3 billion. Keppel DC REIT’s sponsor is Keppel Telecommunication & Transportation Ltd (Keppel T&T), a wholly-owned subsidiary of Keppel Corporation Limited (SGX: BN4), a blue-chip conglomerate with interests in offshore and marine and real estate. The REIT’s manager is Keppel DC REIT Management Pte Ltd, which is 50% held by Keppel T&T and 50% held by Keppel Capital, the asset management arm of Keppel Corporation Limited....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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