Keppel DC REIT AJBU

Keppel DC REIT has delivered a 13.7% share price gain over the past 3 years, even though the past year has been softer, so the obvious question is whether the current SG$2.11 price still lines up with the cash the trust is expected to generate. For a REIT built around data centre assets, the real issue is how those future cash flows stack up against what the market is paying today. A 13.7% return over 3 years puts real money on the line for unitholders, which makes it important to test...

Keppel DC REIT (SGX:AJBU) has drawn fresh attention after its recent trading performance, with the unit price closing at S$2.12, as investors reassess data centre exposure within Singapore’s REIT market. Over the past few months, Keppel DC REIT’s share price has drifted lower, with a 30-day share price return of down 3.64% and a 90-day move of down 6.61%. However, the 3-year total shareholder return of 14.77% still reflects a materially stronger long run than the recent trend, which signals...