Keppel DC REIT has reported a robust performance for the first half of 2025, with its distribution per unit (DPU) reaching 5,133 Singapore cents, surpassing earlier projections. The REIT, which focuses on data centre investments, achieved a notable 51% positive rental reversion at its Singapore properties, contributing significantly to its strong showing.
The REIT’s financial strategy remains solid, with a debt headroom exceeding S$500m, positioning it well for future acquisitions, according to a DBS Research note. This financial flexibility supports Keppel DC REIT’s ongoing strategy to intensify and expand its portfolio, seeking accretive acquisitions to enhance its asset base.
Analysts have maintained a “BUY” recommendation for Keppel DC REIT, with a slightly increased target price of S$2.60. This reflects confidence in the REIT’s ability to continue delivering strong returns to its investors.
The positive rental reversion and strategic financial positioning underscore Keppel DC REIT’s commitment to growth and value creation in the competitive data centre market. As the demand for data storage and processing continues to rise, the REIT’s focus on expansion and intensification is expected to drive further success in the coming periods.
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