Keppel DC REIT (AJBU.SI)
Keppel DC REIT operates in the REIT - Diversified industry of the Real Estate sector, headquartered in Singapore, CE, SG. The stock last traded at $2.12, down 0.47% on the session, giving a market capitalisation of $5.19B. Its beta of 0.84 implies it has historically moved less than the broad market.
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. Keppel DC REIT’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. Keppel DC REIT’s investments comprise a mix of colocation, fully-fitted and shell and core assets, as well as debt securities, thereby reinforcing the diversity and resiliency of its portfolio. Keppel DC REIT is managed by Keppel DC REIT Management Pte. Ltd. (the Manager) and is sponsored by Keppel, a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Keppel DC REIT was incorporated in 2011 in Singapore.
Keppel DC REIT is most often compared with the following Real Estate names: