S-REITs - Week 16 - 2024

( YTD: -16.07% | 5D: -4.08%)

Expansion of Investment Strategy to diversify the portfolio and increase opportunities

• Positioning the portfolio for Growth
• Capitalizing Emerging Market Trends and Sectors Exhibiting Strong Growth Potential
• Diversifying Portfolio in terms of Income Stream, Asset Classes and Tenancy
• Increasing Institutional Investor Appeal

For further information, please click here

( YTD: -15.90% | 5D: -4.09% )

Keppel DC REIT unlocks A$174.0 million from divestment of Sydney data Centre at 35.4% premium over valuation

• Opportunistic divestment is in line with proactive asset management strategy to unlock value from existing portfolio and optimise returns for Unitholders.
• Allows Keppel DC REIT to retain exposure to Australia data centre market
• Transactions are 0.7% accretive to DPU
• Post-transactions, pro-forma aggregate leverage is expected to improve to 36.6%

For further information, please click here

1Q 2024 Operational Updates

• Distributable Income: S$38.8m
• Aggregate Leverage: 37.6%
• Average Cost of Debt: 4.34% p.a.
• Interest Coverage: 4.6 times
• WALE: 7.4 years

For further information, please click here

( YTD: -11.11% | 5D: -1.37% )

1Q 2024 - Interim Business Update

• Portfolio Occupancy: 83% | Previous 4Q 2023: 91.2%
• WALE: 2.9 years | Previous 4Q 2023: 3.0 years
• Rental Reversion: 23.7% | Previous 4Q 2023: 6.2%
• New Leases: 1,915 sq ft | Previous 4Q 2023: 53,390 sq ft
• Renewed Leases: 137,511 sq ft | Previous 4Q 2023: 42,651 sq ft

For further information, please click here

( YTD: -64.53% | 5D: -10.14% )

1Q 2024 - Key Business an Operational Updates

• Net Property Income: US$21m | Previous 1Q 2023: US$37.1m
• Aggregate Leverage: 43.0%
• Average Cost of Debt: 4.34% p.a.
• Interest Coverage: 3.0 times
• Weighted Average Term to Maturity: 2.5 years

For further information, please click here

( YTD: -9.37% | 5D: -4.92% )

Continues to do Share Buy Back this week.

For further information, please click here

( YTD: -10.08% | 5D: -5.69% )

Continues to do Share Buy Back this week.

For further information, please click here

( YTD: -8.74% | 5D: -2.08% )

1Q 2024 - Key Business Updates

• Net Property Income: S$293.7m | Increased 6.3% YoY
• Aggregate Leverage: 40.0%
• Average Cost of Debt: 3.5% p.a
• Interest Coverage: 3.1 times
• Weighted Average Term to Maturity: 3.8 years

For further information, please click here