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Keppel DC REIT Issues Units for Management and Acquisition Fees

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Keppel DC REIT Issues Units for Management and Acquisition Fees

An update from Keppel DC REIT ( (SG:AJBU) ) is now available.

Keppel DC REIT Management Pte. Ltd. announced the issuance of 5,795,119 units at an average price of S$2.1487 per unit as payment for management and acquisition fees. This issuance covers fees related to its investments in several data centers, reflecting the company’s strategic move to optimize its financial operations and reinforce its presence in the data center industry.

More about Keppel DC REIT

Keppel DC REIT is a real estate investment trust based in Singapore, focusing on investments in data centers. It manages a diverse portfolio that includes interests in data centers across various locations such as Amsterdam, Eindhoven, Guangdong, London, Tokyo, and Singapore.

YTD Price Performance: -20.66%

Average Trading Volume: 7,756

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.54B

For an in-depth examination of AJBU stock, go to TipRanks’ Stock Analysis page.

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