18-12-2014, 12:03 PM
(18-12-2014, 10:33 AM)Contrarian Wrote: > In total, Keppel DC REIT raised $512.9 million, making it the largest REIT IPO on the SGX-ST for the year-to-date.I may not be a guru, but I can still answer your question. They still own a datacentre in Singapore, one in Amsterdam( recently acquired) and one in Brisbane, yet to be built. All 3 earmarked to be injected into Kep DC Reit.
> For it's DC reit, 45% of it's income comes from 2 data centers located in Singapore. These 2 data centers sit on land leasehold tenures of about 7 and 11 years remaining with option for 30 years extension if terms are not breached.
Was reading the EGM details and the IPO prospectus. It says sell 3 properties, the other 5 data centres come from Securus Data Fund.
Which data centres is Keppel T & T still owning after the REIT went IPO, does any guru here know? Or all divested to reit now, earnings only from the 30% ownership of the REIT.
