AJBU.SI - Keppel DC REIT

Keppel DC REIT

Keppel Bay Tower
Level 2 1 HarbourFront Avenue
Singapore 098632
Singapore
65 6803 1818
https://www.keppeldcreit.com

Sector(s): Real Estate
Industry: REIT—Office
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Meng Hoon Lee	Chief Exec. Officer of Keppel DC REIT Management Pte Ltd	N/A	N/A	1974
Mr. Sin Jun Lee	Chief Financial Officer	N/A	N/A	1985
Mr. Jing Lin	Head of Investment of Keppel - DC REIT Management Pte Ltd	N/A	N/A	N/A
Ms. Emmulin Wee	Sr. Mang. of Investor Relations	N/A	N/A	1986
Ms. Jialing Cai	Head of Portfolio Management	N/A	N/A	1982
Mr. Wei Ming Tan	Company Sec. of Keppel DC REIT Management Pte Ltd	N/A	N/A	N/A
Mr. Yee Sheng Chiam	Company Sec. of Keppel DC REIT Management Pte Ltd.	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

Description

Listed on 12 December 2014, Keppel DC REIT is the first pure-play data centre REIT listed in Asia and on the Singapore Exchange (SGX-ST). Keppel DC REIT's investment strategy is to principally invest, directly or indirectly, 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. As at 31 December 2020, its portfolio comprises 19 data centres strategically located in key data centre hubs. With an aggregate lettable area of approximately 2,089,085 sq ft, the portfolio spans 12 cities in eight countries across Asia Pacific and Europe. Keppel Telecommunications & Transportation Ltd (Keppel T&T), the Sponsor of the REIT, has also granted Rights of First Refusal (ROFR) to the REIT for future acquisition opportunities of its data centre assets. The REIT is managed by Keppel DC REIT Management Pte. Ltd.. Keppel Capital Holdings Pte. Ltd. (Keppel Capital) has a 50% interest in the Manager, with the remaining interest held by Keppel T&T. Keppel Capital is a premier asset manager in Asia with assets under management comprising real estate, infrastructure and data centre properties in key global markets. The Manager's key objectives are to provide the REIT's Unitholders with regular and stable distributions, as well as achieve long-term growth while maintaining an optimal capital structure.

Corporate governance

Keppel DC REIT’s ISS governance QualityScore as of 1 May 2023 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.