In today’s briefing:
- Keppel DC REIT (KDCREIT SP) – Imminent Lifting of SG Data Centre Moratorium and Its Implications
Keppel DC REIT (KDCREIT SP) – Imminent Lifting of SG Data Centre Moratorium and Its Implications
- Singapore government introduced a moratorium on new data centres in 2019
- As result, incumbent data centre REITs recalibrated their portfolio strategy including to pursue DPU and NAV growth through accretive overseas acquisitions
- In Q2 2022, the moratorium is expected to be lifted with conditional approvals for applicants that meet certain sustainability requirements. We discuss the implications for Keppel DC REIT (KDCREIT SP)
Before it’s here, it’s on Smartkarma
