---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000882252.md"
description: "$Keppel DC Reit(AJBU.SG)🚀 Keppel DC REIT Goes Big in Tokyo - What It Means for Unitholders!Huge move in the data centre space! Keppel DC REIT is buying an 88.62% stake in two fully-occupied hyperscale data centres in Greater Tokyo, a S$1.37 billion deal! 🔑 What You Need to Know:1️⃣ Strategic Growth :Japan’s rental share jumps from 9% → 23%, deepening its footprint in one of the world’s top digital hubs.2️⃣ How It’s Funded :S$600M+ private placement at S$2.10/unit (4.4% discount) + JPY debt = natural currency hedge!3️⃣ DPU Accretive :Unit base up 12.2% but  pro forma DPU still rises +2.6% (from 10.381¢ → 10.649¢) ✅4️⃣ Leverage Up :Gearing climbs from 34.0% → 38.0%, leaving less room for future buys.5️⃣ Track Record :This is the 7th equity raise in 10 years. And based on historically data, DPU has recovered and grown over time!Full breakdown in the infographic 👇 The financials, dilution history and key watch items!Not financial advice . Please do your own DD 😘and love you 🥰."
datetime: "2026-09-02T05:48:45.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000882252.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000882252.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000882252.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $Keppel DC Reit(AJBU.SG)🚀 Keppel DC REIT Goes Big …


### Related Stocks

- [AJBU.SG](https://longbridge.com/en/quote/AJBU.SG.md)
- [X1JU.SG](https://longbridge.com/en/quote/X1JU.SG.md)

## Comments (2)

- **Fair_Lemon5303 · 2026-09-02T10:35:45.000Z · 👍 1**: the placement prices about a fifth above the latest book value per unit, and issuing above nav is most of why the dpu still lands accretive on a bigger base.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**