Keppel DC REIT Issues Units for Management Fee Payment
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Keppel DC REIT has issued 703,470 units as payment for management fees, covering data centers in Amsterdam, Eindhoven, Guangdong, London, Tokyo, and Singapore. This move reflects strategic financial management to maintain liquidity while compensating its management team, potentially enhancing operational efficiency and stakeholder confidence. The latest analyst rating for Keppel DC REIT (SG:AJBU) is a Buy with a price target of S$2.50. The company focuses on data center properties and has a market cap of S$5.83B.
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