Yesterday both Keppel DC REIT (KDCREIT) and Mapletree Industrial Trust (MINT) released their results for the quarter ending Jun2020. Both REITs have performed strongly after their end-Mar lows due to their exposure to data centres. MINT has performed more strongly even though it only has a 32% exposure (by AUM) to data centres vs KDCREIT's 100% exposure. I think this could be due...
Today in addition to Keppel REIT releasing results, CCT also released the minutes of their AGM. Both events can help give investors an insight into what has happened in the office market and what we can expect going forward. This article will attempt to summarize some of the key points from the two releases. 1. Slower leasing and a shift to renewalsThe pace of...
