Keppel DC REIT up 5% in trading debut

Its IPO raised $512.9m.

Keppel DC REIT marked its trading debut today, following an IPO that raised $512.9m. Keppel DC REIT units opened at $0.98 today, up 5% from its IPO price of $0.93.

The listing of Keppel DC REIT brings the number of REITS and property trusts listed on SGX to 40, with a total market capitalisation of S$70 billion.

 Its IPO portfolio comprises eight data centre properties in the Asia-Pacific and Europe, with an aggregate appraised value of about S$1 billion and an aggregate lettable area of 509,913 square feet as at end-September 2014.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!