--- title: S-REITs - Week 1 - 2025 description: Weekly recap of S-REITs for the first week of 2025 including updates on Keppel REIT, Digital CORE REIT, and Keppel DC REIT. Join our upcoming event on January 8! --- [Skip to content](https://reitsavvy.com/insights/s-reits-week01-2025#main-content) [![op can-4](https://reitsavvy.com/hs-fs/hubfs/op%20can-4.png?width=7114&height=2442&name=op%20can-4.png)](https://reitsavvy.com/) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) [S-REIT Weekly Recap](https://reitsavvy.com/insights/tag/s-reit-weekly-recap), [2025](https://reitsavvy.com/insights/tag/2025) # S-REITs - Week 1 - 2025 [By- REITsavvy Team,](https://reitsavvy.com/insights/author/reitsavvy-team) ![2025_ReitSavvy_Banner](https://reitsavvy.com/hs-fs/hubfs/2025/2025_ReitSavvy_Banner.png?width=762&height=278&name=2025_ReitSavvy_Banner.png) Welcome to 2025! Here's to new opportunities and continued growth for our REIT community. Let's make this year exceptional! [Upcoming Event!](https://www.sgxacademy.com/event/singapore-reits-outlook-whats-ahead-for-2025/?doing_wp_cron=1733555524.0291481018066406250000) [Be part of our event on January 8, 2025, and have the opportunity to ask all your pressing questions to the panel! More details below.](https://www.sgxacademy.com/event/singapore-reits-outlook-whats-ahead-for-2025/?doing_wp_cron=1733555524.0291481018066406250000) Let's have a quick dive into this week REITs update from Keppel REIT, Digital CORE REIT, Keppel DC REIT **S-REITs Recap - Week 1 ** ** 30 Dec 2024 - 5 Jan 2025** | **Keppel REIT** | | --- | | **( YTD: +1.72% \| 5D: +2.91%)** | |  1 Jan - Update on Appointment of Chief Executive Officer - Further to our announcement and media release each dated 1 November 2024, the Board of Directors of Keppel REIT Management Limited (the "Manager") wishes to update that regulatory approval has been obtained for Mr Chua Hsien Yang's appointment as Chief Executive Officer of the Manager. - Mr Chua Hsien Yang's appointment will take effect from 1 January 2025. For more information, please click [here](https://wpcms.kepcorp.com/wm/cms-site/kpl/file/media/2025/Jan/01-jan-kreit/update-on-appointment-of-chief-executive-officer.pdf) | | ** Digital CORE REIT** | | --- | | **( YTD: +0% \| 5D: +0.87%)** | | 2 Jan - Update on Northern Virginia Renewal Option (Not Exercised) - The customer option to renew the lease for 8217 Linton Hall in Northern Virginia expired unexercised on 31 December 2024 - The current customer occupies the entire building, which contributed approximately 11% of annualised rent as at 30 September 2024. - The current lease expires on 30 June 2025, and following expiration of the renewal option, the customer is now expected to move out upon expiration of the current lease agreement. - Every one month of downtime represents approximately 0.06 cents of DPU. For further information, please click [here](https://s28.q4cdn.com/669718746/files/doc_news/2025/01/DCR-Announcement-2-Jan-2025.pdf) | | ** Keppel DC REIT** | | --- | | **( YTD: +2.29% \| 5D: +2.76%)** | | 2 Jan - Divestment of Basis Bay Data Centre located in Cyberjaya Malaysia - The divestment of the property known as Basis Bay Data Centre located at 4710 Jalan Cyber Point 5, Zone Flagship 63000 Cyberjaya, Selangor Darul Ehsan, Malaysia (the “Property”, and the divestment of the Property, (the “Divestment”)). - Perpetual (Asia) Limited (in its capacity as trustee of Keppel DC REIT) (the “Trustee”) holds 99.0% of the shares in the Vendor and E-Basis Bay Sdn. Bhd. holds the remaining 1.0% of the shares in the Vendor.  For further information, please click [here](https://wpcms.kepcorp.com/wm/cms-site/kpl/file/media/2025/Jan/02-jan-kdcreit/keppel-dc-reit-transaction-announcement.pdf) | | **Singapore REITs Monthly Update (Nov 2024)** | | --- | |   **Technical Analysis of FTSE ST REIT Index (FSTAS351020)** --- FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 649.94 to 642.87 (-1.09%) compared to [last month's update](https://reitsavvy.com/insights/singapore-reits-monthly-update-09-november-2024). Singapore REITs index is currently trading near the support level of a wedge pattern. •    Short-term direction: Sideways•    Medium-term direction: Sideways •    Long-term direction: Sideways •    Immediate Support: Blue Support Line (Wedge) •    Immediate Resistance: Red resistance line (Wedge) Want to read more with charts? Please click [here](https://reitsavvy.com/insights/singapore-reits-monthly-update-08-december-2024) | | **Upcoming Event** | | --- | |   [![8-Jan-REIT-Market-Outlook-P_Revised](https://reitsavvy.com/hs-fs/hubfs/Others/2024/SGX%20Event%20-%208%20Jan%202025%20Poster/8-Jan-REIT-Market-Outlook-P_Revised.jpg?width=1654&height=3859&name=8-Jan-REIT-Market-Outlook-P_Revised.jpg)](https://www.sgxacademy.com/event/singapore-reits-outlook-whats-ahead-for-2025/?doing_wp_cron=1733555524.0291481018066406250000)   | | **STI Index constituents** | | --- | | **REITs in STI** | | Frasers Centrepoint Trust 18 Mar 2024 | | CapitaLand Ascendas REIT | | CapitaLand Integrated Commercial Trust  | | Frasers Logistics & Commercial Trust | | Mapletree Industrial Trust | | Mapletree Logistics Trust | | Mapletree Pan Asia Commercial Trust | |   | | **REITs in STI Reserve List** | | Keppel DC REIT | | Keppel REIT | | Suntec REIT | | **REITracker Highlights** | | | --- | --- | | **REIT Name** | **Status** | | Keppel Pacific Oak US REIT | Halt Dividend since 14 Feb 2024 | | Manulife US REIT | Halt Dividend since 14 Aug 2023 | | Sabana REIT | Proposed Internalization is in progress since 17 Aug 2023 | | Lippo Malls Indonesia Retail Trust | Halt Dividend since 20 Mar 2023 | | EC World REIT | Halt Trading since 31 March 2023 | | Eagle Hospitality Trust | Halt Trading since 24 March 2020 | | **Exclusive REITsavvy Newsletter** | | --- | ##### Gain financial insights on REITs in minutes The newsletter that keeps you up-to-date on REITs in minutes.   ![op can-4](https://reitsavvy.com/hubfs/op%20can-4.png) **[Insights](https://reitsavvy.com/insights)** **[REITs Screener](https://screener.reitsavvy.com/)** Unless otherwise specified, all return figures shown above are for illustrative purposes only, are not actual customer or model returns and are not indicative of future performance or results. 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