(July 19 09:01) Sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
Some of its acquisitions have been delayed or taken off the market.
Keppel DC REIT may struggle to acquire an above 7% cap rate level which it had traditionally achieved in the past given the increased competition for data centre assets and compression in cap rates, a report by OCBC Investment Research revealed.
Whilst Keppel DC REIT Management shared that it completed five lease renewals during Q2 2019, resulting in positive rental reversions, the impact was not significant given that these were smaller clients, OIR analysts noted.
read more
You can find the original article
here