General Announcement::SGX welcomes Keppel DC REIT to Mainboard

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Dec-2014 15:29:40
Status
New
Announcement Sub Title
SGX welcomes Keppel DC REIT to Mainboard
Announcement Reference
SG141212OTHR89MV
Submitted By (Co./ Ind. Name)
Carolyn Lim
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed Keppel DC REIT to Mainboard, under the stock code, AJBU .

Keppel DC REIT is a Singapore real estate investment trust (REIT) that principally invests in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate-related assets. Its IPO portfolio comprises eight data centre properties in the Asia-Pacific and Europe, with an aggregate appraised value of about S$1 billion and an aggregate lettable area of 509,913 square feet as at end-September 2014.

Chua Hsien Yang, CEO of Keppel DC REIT Management Pte. Ltd., Manager of Keppel DC REIT, said, We are pleased to have achieved, together with Singapore Exchange, the significant milestone of the first data centre investment trust to be listed in Asia. Keppel DC REIT will provide an opportunity for investors to ride the global growth in data creation and Internet traffic.

We are pleased to welcome Keppel DC REIT, the first data centre REIT listed in Asia, to SGX. This reinforces our position as Asia s leading REITs Hub. Capitalising on its portfolio of strategically located data centres, diversified customer base and favourable lease and co-location profile, Keppel DC REIT is well suited to ride on the growth in data creation and data storage needs, said Magnus Bocker, CEO, SGX.

The listing of Keppel DC REIT brings the number of REITS and property trusts listed on SGX to 40, with a total market capitalisation of S$70 billion.

Keppel DC REIT units opened at S$0.98 today, up 5%.


-End-

Attachments

20141201 SGX_welcomes_Keppel_DC_REIT_to_Mainboard.pdf
Total size =280K