Singapore Stock Market News

Keppel DC REIT - On Cloud 9

StockFanatic
Publish date: Wed, 21 Jan 2015, 12:52 PM
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Unique pure play data centre REIT in Asia, with presence in key cities in Asia Pacific and Europe

High level of income stability and visibility - long WALE of 7.8 years; with attractive 4.2% in DPU growth over FY15F-16F

Conservative gearing of c.28% allows for inorganic growth via debt funded acquisitions

Initiate coverage with BUY, TP S$1.05
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