Shares & Derivatives
Keppel DC REIT (SGX: AJBU): 2022 Third Quarter Business Update
By ViresInSolitudine  •  December 15, 2022
On 26 October 2022, Keppel DC REIT (“KDC”) have announced their 2022 third quarter business updates. For a business update, they have provided quite a lot of information to be almost a full update. Their results can be seen to continue remaining stable. However they are still trading at a significant premium due to their data centre exposure, resulting in a lower dividend yield. Website: General Announcement::Keppel DC Reit Key Business and Operational Updates For Third Quarter 2022 Background KDC was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. KDC’s investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate and assets necessary to support the digital economy. KDC’s investments comprise an optimal mix of colocation, fully-fitted and shell and core assets,...
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By ViresInSolitudine
I am an ex-auditor. I tend to adopt a more skeptical view and downplay what Companies like to project themselves as.

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