Guangdong Data Centre (Keppel DC REIT)

The CEO Keppel DC REIT’s manager has come forward to explain why its plan to undertake an investment related to M1 will be beneficial to unitholders.

The explanation has come amid recurring net outflows of institutional funds, with the REIT’s unit price persistently testing its 52-week low of SGD2.32.

Related: Keppel DC REIT firms up on deal to monetise M1’s infrastructure

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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.