Just check on the atm. both cash & cpf can be use.
Can the interest rate goes up high enough till match the same as reits?
What are the chances of it going higher when listed?
My experience with the earlier IPO Frasers Hospitality Trust is only 2 cents up. Would this one be better?
Can the interest rate goes up high enough till match the same as reits?
The properties include:
• S25 and T25 in Singapore - Southeast Asia's data centre hub;
• Gore Hill Data Centre in Sydney, Australia - a main data centre hub in Australia
• iseek Data Centre in Brisbane, Australia - a key data centre hub in Australia
• Basis Bay Data Centre in Cyberjaya, Malaysia - multimedia internet super corridor in Malaysia;
• GV7 Data Centre in London, the United Kingdom - Europe's data centre hub;
• Almere Data Centre in Amsterdam, the Netherlands, with proximity to major European trading hubs; and
• Citadel 100 Data Centre in Dublin, Ireland - Europe's cloud computing hufb.
The data centres in Keppel DC REIT's IPO Portfolio have been designed and built to attract well established customers. The IPO Portfolio currently enjoys a high occupancy rate of 93.5% and a high customer retention rate of 97.8% from its diverse customer base that includes Fortune 500 and S&P 100 companies, government-related entities, MNCs and financial institutions.
Website: Keppel Corporation - Keppel DC REIT registers Prospectus for first data centre REIT to be listed in Asia
93% occupancy rate only...
You obviously can't even be bothered to read the prospectusquarterly dividend payouts or every 6 mths?
I personally feel it would be better if Kep T&T had included both its logistics & data centre into this reit. It would provide some diversification. What if Data Centres become obsolete one day?93% compared with what? the commercial reits? The shopping mall reits?
I dont see how 93% is bad... Considering that other REITS have higher occupancy, higher gearing, but yield is around the same as DC REIT, I think DC reit has its own strength and selling point.
I personally feel it would be better if Kep T&T had included both its logistics & data centre into this reit. It would provide some diversification. What if Data Centres become obsolete one day?
With the prevalence of The Cloud, that one day would be a very long time.
I personally feel it would be better if Kep T&T had included both its logistics & data centre into this reit. It would provide some diversification. What if Data Centres become obsolete one day?
SINGAPORE - The initial public offer (IPO) of Keppel DC Reit was launched on Friday.
It is Asia's first Reit with a portfolio focusing on data centres. The IPO was launched amid strong market anticipation that its eight data centres in Singapore, Malaysia, Australia, the UK, Ireland and the Netherlands will ride the global growth in demand for specialised facilities to host cloud computing and e-commerce services.
The Reit will be managed by Keppel DC Reit Management, a wholly owned subsidiary of Keppel Telecommuncations & Transportation, which owns the data centres.
The offer opens Friday night at 9pm and closes on Dec 10 at 12pm. The offer includes 53.763 million shares for the public at 93 cents per share, along with over 207 million international placement shares. The placement shares were 24.4 times subscribed by institutional investors. Trading commences Dec 12 at 2pm.
- See more at: IPO of Keppel DC Reit launched - Companies News & Top Stories - The Straits Times