Keppel DC REIT Could Rerate Higher on Superior Growth Profile -- Market Talk

Dow Jones06-04

0618 GMT - Keppel DC REIT is likely to rerate higher given its outperformance relative to its peers and superior growth profile, says Jefferies' Wilson Ng in a note. The real-estate investment trust is the only one globally with majority exposure to Singapore's data-center market, which is the tightest and highest-rent data-center market in Asia, the analyst says. He expects its distribution per unit to gain at around 5%-6% compound annual growth rate over 2026-2028 thanks to its data-center rent increases, declining borrowing costs and asset-enhancement options. Jefferies starts its coverage of Keppel DC REIT with a buy rating and S$2.65 target price. Units rise 0.4% to S$2.28. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

June 04, 2026 02:18 ET (06:18 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2640132508?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-04 14:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640132508","market":"sh","top_or_hot":-1,"title":"Keppel DC REIT Could Rerate Higher on Superior Growth Profile -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0618 GMT - <a href=\"https://laohu8.com/S/AJBU.SI\">Keppel DC REIT</a> is likely to rerate higher given its outperformance relative to its peers and superior growth profile, says Jefferies' Wilson Ng in a note. The real-estate investment trust is the only one globally with majority exposure to Singapore's data-center market, which is the tightest and highest-rent data-center market in Asia, the analyst says. He expects its distribution per unit to gain at around 5%-6% compound annual growth rate over 2026-2028 thanks to its data-center rent increases, declining borrowing costs and asset-enhancement options. Jefferies starts its coverage of Keppel DC REIT with a buy rating and S$2.65 target price. Units rise 0.4% to S$2.28. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2026 02:18 ET (06:18 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel DC REIT Could Rerate Higher on Superior Growth Profile -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel DC REIT Could Rerate Higher on Superior Growth Profile -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-04 14:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0618 GMT - <a href=\"https://laohu8.com/S/AJBU.SI\">Keppel DC REIT</a> is likely to rerate higher given its outperformance relative to its peers and superior growth profile, says Jefferies' Wilson Ng in a note. The real-estate investment trust is the only one globally with majority exposure to Singapore's data-center market, which is the tightest and highest-rent data-center market in Asia, the analyst says. He expects its distribution per unit to gain at around 5%-6% compound annual growth rate over 2026-2028 thanks to its data-center rent increases, declining borrowing costs and asset-enhancement options. Jefferies starts its coverage of Keppel DC REIT with a buy rating and S$2.65 target price. Units rise 0.4% to S$2.28. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2026 02:18 ET (06:18 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SRT.SI","symbol_name":"CSOP S-REITs INDEX ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640132508","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640132508","pubTimestamp":1780553880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0618 GMT - Keppel DC REIT is likely to rerate higher given its outperformance relative to its peers and superior growth profile, says Jefferies' Wilson Ng in a note. The real-estate investment trust is the only one globally with majority exposure to Singapore's data-center market, which is the tightest and highest-rent data-center market in Asia, the analyst says. He expects its distribution per unit to gain at around 5%-6% compound annual growth rate over 2026-2028 thanks to its data-center rent increases, declining borrowing costs and asset-enhancement options. Jefferies starts its coverage of Keppel DC REIT with a buy rating and S$2.65 target price. Units rise 0.4% to S$2.28. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SRT.SI":"CSOP S-REITs INDEX ETF","SG9999002406.SGD":"利安新加坡信托基金","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","JJJ.SI":"Lion-Nomura Japan Active ETF","SRU.SI":"CSOP iEdge SREIT ETF US$","SG9999002950.SGD":"United Asian Growth Opportunities SGD","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","SGXZ24219693.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","BK6512":"房地产股","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU1323998911.USD":"BGF ASIAN MULTI-ASSET INCOME \"A\" (USD) ACC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999013478.USD":"利安新加坡股息基金","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","BK6014":"特种房地产投资信托","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SG9999001135.SGD":"United ASEAN Fund SGD","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","CFA.SI":"NikkoAM-STC Asia REIT","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC","GLS.SI":"Lion SG Phy Gold S$","CLR.SI":"LION-PHILLIP S-REIT","BK4017":"黄金","BN4.SI":"吉宝有限公司","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU2087589342.USD":"BGF ASIAN MULTI-ASSET INCOME \"A6\" (USD) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6111":"工业集团企业","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","8C8U.SI":"Cent Accom REIT","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","BK6523":"ESG概念","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","REIT":"ALPS Active REIT ETF","BK6131":"数据中心房地产信托","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","DC":"Dakota Gold Corp","SPN":"Superior Energy Services Inc","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","LU2238330802.EUR":"AZ EQUITY - ASEAN COUNTRIES \"AAZ\" (EUR) ACC","AJBU.SI":"吉宝数据中心房地产信托"},"translate_title":"吉宝数据中心房地产投资信托基金可能因出色的增长状况而重新评级更高——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JJJ.SI":0.6,"8C8U.SI":1.5,"AJBU.SI":0.9,"CFA.SI":1.5,"DC":1.5,"SRU.SI":0.6,"GLS.SI":0.6,"SPN":1.5,"REIT":1.5,"BN4.SI":1.5,"SRT.SI":0.6,"CLR.SI":0.6},"content_text":"0618 GMT - Keppel DC REIT is likely to rerate higher given its outperformance relative to its peers and superior growth profile, says Jefferies' Wilson Ng in a note. The real-estate investment trust is the only one globally with majority exposure to Singapore's data-center market, which is the tightest and highest-rent data-center market in Asia, the analyst says. He expects its distribution per unit to gain at around 5%-6% compound annual growth rate over 2026-2028 thanks to its data-center rent increases, declining borrowing costs and asset-enhancement options. Jefferies starts its coverage of Keppel DC REIT with a buy rating and S$2.65 target price. Units rise 0.4% to S$2.28. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 04, 2026 02:18 ET (06:18 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640132508","isCrawlerRequest":true}