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Keppel DC REIT ( (SG:AJBU) ) has provided an update.
Keppel DC REIT has issued 703,470 units as payment for its management fees, covering interests in several data centers, including those in Amsterdam, Eindhoven, Guangdong, London, Tokyo, and Singapore. This issuance reflects the company’s strategic financial management, allowing it to maintain liquidity while compensating its management team, thus potentially impacting its operational efficiency and stakeholder confidence.
The most recent analyst rating on (SG:AJBU) stock is a Buy with a S$2.50 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 data center properties. The company manages a portfolio of data centers across various locations, providing essential infrastructure for digital and cloud services.
Average Trading Volume: 6,417,325
Technical Sentiment Signal: Buy
Current Market Cap: S$5.83B
Learn more about AJBU stock on TipRanks’ Stock Analysis page.