SGX Stocks and Warrants

Keppel DC REIT (KDCREIT SP) - More Good Things to Come

kimeng
Publish date: Wed, 27 Jan 2021, 02:28 PM
kimeng
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Keppel DC REIT is a strong proxy to growing demand for data centre space, underpinned by increasing digitalisation and cloud adoption trends. Its tenants come from fast growing industries such as internet enterprise, information technology services, telecommunications and financial services.

It is also one of the most defensive REITs given its long portfolio weighted average lease to expiry of ~6.8 years. BUY.

Source: OCBC Research - 27 Jan 2021

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