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Keppel DC REIT ( (SG:AJBU) ) just unveiled an announcement.
Keppel DC REIT has issued 1,648,292 new units at an average price of S$2.2364 per unit to pay management and acquisition fees related to a series of its data centre assets in Europe, Japan, China and Singapore. The units cover the base fee component for multiple properties, including full coverage for several overseas data centres and partial coverage for a number of Singapore assets over the first quarter of 2026.
The issue also settles the acquisition fee for Keppel DC REIT’s purchase of the remaining interests in Keppel DC Singapore 3 and 4, aligning the manager’s compensation with unitholder interests through scrip-based payment. Following this transaction, the manager holds 34,988,454 units, or about 1.43% of the REIT’s 2.45 billion issued units, marginally diluting existing unitholders while conserving cash for operations and investments.
The most recent analyst rating on (SG:AJBU) stock is a Buy with a S$2.37 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 Singapore-based real estate investment trust focused on owning and managing data centre assets across key global markets. Its portfolio includes facilities in Europe, Asia and Singapore, serving the growing demand for digital infrastructure and providing investors with exposure to data centre-linked rental income.
Average Trading Volume: 11,459,400
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$5.67B
See more data about AJBU stock on TipRanks’ Stock Analysis page.