Keppel DC REIT Japan deal seen boosting 2027–2028 distributions
Morningstar’s Xavier Lee says Keppel DC REIT’s Japan data-center deal could boost distribution per unit in 2027–2028, citing strong occupancy and rent escalations in tenant contracts. Expected DPU accretion: 2.6%.
Keppel DC REIT's Japan data-center deal could boost its distribution per unit in 2027-2028, given the assets' strong occupancy and rent escalations built into tenant contracts, says Morningstar's Xavier Lee in a note.
The deal is likely to offer DPU accretion of 2.6% to the Singapore real-estate in…