Daiwa Securities becomes substantial stakeholder of Keppel DC REIT

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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.


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