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An announcement from Keppel DC REIT ( (SG:AJBU) ) is now available.
Keppel DC REIT has announced the issuance and listing of 180,562,518 new units on the Singapore Exchange as part of a preferential offering, raising approximately S$404.5 million. This strategic move is expected to enhance the trust’s capital base, potentially improving its market position and providing additional resources for future investments in the data center sector.
The most recent analyst rating on (SG:AJBU) stock is a Buy with a S$2.64 price target. To see the full list of analyst forecasts on Keppel DC REIT stock, see the SG:AJBU Stock Forecast page.
More about Keppel DC REIT
Keppel DC REIT is a real estate investment trust based in Singapore, focusing on investments in data center properties. It operates within the technology infrastructure sector, providing essential facilities for data storage and management, catering to a growing demand for digital services.
Average Trading Volume: 7,213,740
Technical Sentiment Signal: Buy
Current Market Cap: S$5.73B
For an in-depth examination of AJBU stock, go to TipRanks’ Overview page.