Keppel DC REIT's property in Tampines, Singapore, known as Keppel DC Singapore 2 (Photo: REITsWeek)

Daiwa Securities Group is now a substantial unitholder of Singapore mainboard-listed Keppel DC REIT.

The Japanese investment bank became a substantial unitholder after one of its subsidiaries acquired 1.5 million units of the data centre REIT.

The units were acquired via a market transaction on 12 June.

Keppel DC REIT has a portfolio of 18 data centres across eight countries.

At the last done price, Keppel DC REIT is currently giving a distribution yield of about 2.15%, according to data compiled in the Singapore REITs table.

Dear subscribers, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here.

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.