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Keppel DC REIT ( (SG:AJBU) ) has issued an announcement.
Keppel DC REIT has announced a preferential offering to raise approximately S$404.5 million through the issuance of new units. This offering is aimed at funding the acquisition of a data center in Inzai City, Japan, and is expected to enhance the company’s portfolio and strengthen its position in the data center industry.
The most recent analyst rating on (SG:AJBU) stock is a Buy with a S$2.64 price target. To see the full list of analyst forecasts on Keppel DC REIT stock, see the SG:AJBU Stock Forecast page.
More about Keppel DC REIT
Keppel DC REIT is a real estate investment trust based in Singapore, primarily focused on investing in data center properties. The company is engaged in the acquisition, development, and management of data centers, catering to the growing demand for digital infrastructure.
Average Trading Volume: 8,289,616
Technical Sentiment Signal: Buy
Current Market Cap: S$5.83B
See more data about AJBU stock on TipRanks’ Stock Analysis page.