$Keppel DC Reit(AJBU.SG)
🚀 Keppel DC REIT Goes Big in Tokyo - What It Means for Unitholders!
Huge move in the data centre space!
Keppel DC REIT is buying an 88.62% stake in two fully-occupied hyperscale data centres in Greater Tokyo, a S$1.37 billion deal!
🔑 What You Need to Know:
1️⃣ Strategic Growth :
Japan’s rental share jumps from 9% → 23%, deepening its footprint in one of the world’s top digital hubs.
2️⃣ How It’s Funded :
S$600M+ private placement at S$2.10/unit (4.4% discount) + JPY debt = natural currency hedge!
3️⃣ DPU Accretive :
Unit base up 12.2% but pro forma DPU still rises +2.6% (from 10.381¢ → 10.649¢) ✅
4️⃣ Leverage Up :
Gearing climbs from 34.0% → 38.0%, leaving less room for future buys.
5️⃣ Track Record :
This is the 7th equity raise in 10 years.
And based on historically data, DPU has recovered and grown over time!
Full breakdown in the infographic 👇
The financials, dilution history and key watch items!
Not financial advice . Please do your own DD 😘and love you 🥰.
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