On 16 Sep 2019, Keppel DC Reit announced that it is to raise $473.8m to partially fund data centre acquisitions, via private placement of 135 million new units in Keppel DC Reit at an issue price that is between $1.703 and $1.744 per unit.
Keppel DC Reit (AJBU)
Keppel DC REIT Financial Results Ending 31 Mar 2017
The Manager remains confident of the data centre market’s growth potential although near-term pressure on rental rates is expected with data centre supply coming online in Singapore. The addition of Keppel DC Singapore 3 to the REIT’s portfolio earlier this year further strengthened the REIT’s foothold in Singapore.
- 1.89 cents (1Q FY17)