Guangdong Data Centre (Keppel DC REIT)Guangdong Data Centre (Keppel DC REIT)

Keppel DC REIT was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors last week.

During the trading period that began on 12 June, the REIT saw an SGD23 million net outflow of institutional funds.

The fund outflow came amid mounting concerns over the bankruptcy of Cyxtera, a Florida-based data centre operator that is also a tenant to several Singapore-listed REITs, including Keppel DC REIT.

Related: CapitaLand Ascendas REIT sees SGD18.2 million outflow of institutional funds

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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.