Keppel Datacentre Reit (IPO)

Keppel Datacentre Reit: Seeking to raise as much as $512m from its Singapore IPO. Indicative pricing at between $0.90 and $0.93, with prospective dividend yield of as much as 7.1% for FY15. At US$393m , Keppel DC REIT will be the second biggest IPO in Singapore this year after Accordia Golf Trust (US$610m). Keppel DC REIT's portfolio will include two datacentres each in Singapore and Australia, as well as one property in Msia and three in Europe. Order book to open tmrw, with expected trading on 12 Dec.