Keppel DC REIT Says Almere Data Centre Fire Not Expected to Hit FY2026 Payouts

Keppel DC REIT ( (SG:AJBU) ) has provided an announcement.

Keppel DC REIT reported that a fire occurred in the technical room, separate from the data halls, of its Almere Data Centre in the Netherlands, which is fully master leased to a single tenant responsible for operations. The tenant has confirmed there were no injuries, the fire has been extinguished, and damage assessment and operational recovery efforts are underway, with the incident not expected to materially affect Keppel DC REIT’s distribution per unit for FY 2026.

The incident underscores operational risks associated with data centre infrastructure but highlights the effectiveness of compartmentalisation, as core data halls were not directly affected. For investors and stakeholders, the manager’s guidance that distributions per unit should remain largely unaffected provides reassurance about the resilience of cash flows and the robustness of insurance or contractual arrangements with the master tenant.

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 globally, providing mission-critical infrastructure to tenants in the digital and information technology sectors.

Average Trading Volume: 11,571,853

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$5.72B

For an in-depth examination of AJBU stock, go to TipRanks’ Overview page.