Basic Profile & Key Statistics
Keppel DC REIT (KDC) is a data centre REIT that owns 19 properties across 9 countries.
Performance Highlight
The improvement in performance is mainly due to contribution from Kelsterbach DC, Amsterdam DC and the additional income from AEI at Singapore and Dublin assets.
Development for IC3 Ease DC was completed on 13 Jul and the 20 years master lease has commenced. On 28 April, KDC has signed a non-binding sheet for proposed investment in debt securities and preference shares into M1’s network assets. KDC will provide further announcements if and when there are material developments for this.
Together with the result announcement, KDC also announced the acquisition of Guangdong Data Centre. The acquisition would be funded by a combination of debts and equity, however, the detail has not been released yet. From the announcement, the acquisition is both DPU accretive and NAV accretive....