Keppel DC Reit AJBU

SGD 2.16 -0.46% -0.01 Updated 13 Nov 2026, 17:16 SGT

Company profile

The business, the people and the ownership behind Keppel DC Reit.

Investor relations ↗Official company website

Business overview

About the company

Keppel DC REIT invests in data centre properties. Its portfolio includes fully fitted colocation and single-tenant facilities as well as shell-and-core data centre assets.

Annual Report 2025 ↗ Reviewed 2026-10-23 · Source dated 2026-04-06. PDF p. 157

Listed security

Company & listing

Full Company Name: KEPPEL DC REIT MANAGEMENT PTE. LTD.
Trading Currency: SGD
Website: www.keppeldcreit.com…/en
Listing: Listed on 12 December 2014 on SGX Mainboard
ISIN Code: SG1AF6000009

Board & management

Leadership

CHRISTINA TAN

Chairman; Non-Executive Director

PDF p. 12

LOW HUAN PING

Lead Independent Director

PDF p. 12

YEO SIEW ENG

Independent Director

PDF p. 13

TAN KOK KIONG ANDREW

Independent Director

PDF p. 14

THOMAS PANG THIENG HWI

Non-Executive Director

PDF p. 14

LOH HWEE LONG

Chief Executive Officer

PDF p. 15

Roles listed in Annual Report 2025; current appointments are not independently verified.

Holdings

Ownership

As reported at 11 March 2026 · PDF p. 192

Temasek Holdings (Private) Limited

21.21%Total interest

518,697,306 (Deemed)

Keppel DC REIT Units

Keppel Ltd.

19.31%Total interest

471,983,747 (Deemed)

Keppel DC REIT Units

Keppel Management Ltd.

17.92%Total interest

438,166,074 (Deemed)

Keppel DC REIT Units

Keppel DC Investment Holdings Pte. Ltd.

17.92%Total interest

438,166,074 (Direct)

Keppel DC REIT Units

Total interests include direct and deemed holdings and may overlap across holders. These percentages should not be added together.

Registered & depository holders 20 holders

Registered holdings, including nominees and depositories; these do not establish ultimate beneficial ownership. As reported at 11 March 2026 · PDF p. 191

Registered holder	Interest	Source
Citibank Nominees Singapore Pte Ltd	502,201,814; 20.54%	PDF p. 19111 March 2026
Keppel DC Investment Holdings Pte. Ltd.	438,166,074; 17.92%	PDF p. 19111 March 2026
DBS Nominees (Private) Limited	324,679,154; 13.28%	PDF p. 19111 March 2026
HSBC (Singapore) Nominees Pte Ltd	257,179,711; 10.52%	PDF p. 19111 March 2026
DBSN Services Pte. Ltd.	178,254,166; 7.29%	PDF p. 19111 March 2026
Raffles Nominees (Pte.) Limited	154,386,366; 6.32%	PDF p. 19111 March 2026
BPSS Nominees Singapore (Pte.) Ltd.	70,629,147; 2.89%	PDF p. 19111 March 2026
ABN AMRO Clearing Bank N.V.	35,233,187; 1.44%	PDF p. 19111 March 2026
Keppel DC REIT Management Pte. Ltd.	33,817,673; 1.38%	PDF p. 19111 March 2026
United Overseas Bank Nominees (Private) Limited	20,469,207; 0.84%	PDF p. 19111 March 2026
Phillip Securities Pte Ltd	19,306,969; 0.79%	PDF p. 19111 March 2026
iFast Financial Pte. Ltd.	15,677,758; 0.64%	PDF p. 19111 March 2026
OCBC Nominees Singapore Private Limited	15,226,063; 0.62%	PDF p. 19111 March 2026
Moomoo Financial Singapore Pte. Ltd.	13,952,636; 0.57%	PDF p. 19111 March 2026
OCBC Securities Private Limited	10,978,216; 0.45%	PDF p. 19111 March 2026
DB Nominees (Singapore) Pte Ltd	8,723,456; 0.36%	PDF p. 19111 March 2026
UOB Kay Hian Private Limited	7,366,730; 0.30%	PDF p. 19111 March 2026
Tiger Brokers (Singapore) Pte. Ltd.	6,287,364; 0.26%	PDF p. 19111 March 2026
BNP Paribas Nominees Singapore Pte. Ltd.	4,551,321; 0.19%	PDF p. 19111 March 2026
CGS International Securities Singapore Pte. Ltd.	2,878,036; 0.12%	PDF p. 19111 March 2026

Group structure

Main operating subsidiaries

Company	Market	Ownership interest
Keppel DC REIT Fin. Company Pte. Ltd.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 100%; 100%
Keppel DC REIT MTN Pte. Ltd.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 100%; 100%
Keppel DC Singapore 3 LLP (“KDCS3 LLP”)Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 90%; 90%
Keppel DC Singapore 4 LLP (“KDCS4 LLP”)Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 99%; 99%
Keppel DC Singapore 5 LLP (“KDCS5 LLP”)Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 99%; 99%
Memphis 1 Pte. Ltd. (“M1PL”)Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 100%; 99.49%
Datacentre One LLPGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 100%; 100%
KDCR Singapore 2 Pte. Ltd.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Singapore; 100%; 100%
Basis Bay Capital Management Sdn. Bhd.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Malaysia; 99%; 99%
KDCR Australia Trust No.2Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Australia; 100%; 100%
KDCR Guangdong Co., LtdGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	China; 100%; 100%
KDCR Tokyo 1 TMKGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Japan; 98.47%; 98.47%
KDCR Tokyo 2 TMK a (“KDCRT2 TMK”)Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 129	Japan; 98.47%; –
KDCR Almere B.V.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	The Netherlands; 100%; 100%
KDCR Netherlands 3 B.V.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	The Netherlands; 100%; 100%
KDCR Netherlands 5 B.V.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	The Netherlands; 100%; 100%
KDCR Netherlands 6 B.V.Group; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	The Netherlands; 100%; 100%
KDCR (Ireland) LimitedGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	Republic of Ireland; 100%; 100%
KDCR (Ireland) 2 LimitedGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	Republic of Ireland; 100%; 100%
BI71 SRLGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	Italy; 100%; 100%
Greenwich View Place LimitedGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	Guernsey; 100%; 100%
KDCR Cardiff LimitedGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	Guernsey; 100%; 100%
KDCR England LimitedGroup; effective equity held by the Trust; percentage columns 2025 then 2024PDF p. 130	Guernsey; 100%; 100%

Ownership interests and geographic information follow the annual report. Comparative years and footnote markers retain the report’s notation.

Senior executives

Key management

Item	Value	Period / scope	Source
LOH HWEE LONG	Chief Executive Officer	The Manager (Keppel DC REIT Management Pte. Ltd.)	PDF p. 15
ADAM LEE SIN JUN	Chief Financial Officer	The Manager (Keppel DC REIT Management Pte. Ltd.)	PDF p. 15
CHARMAINE CAI JIALING	Head of Portfolio Management	The Manager (Keppel DC REIT Management Pte. Ltd.)	PDF p. 15

Extracted from Annual Report 2025 and checked against the cited pages; see the original report for full context.

Shareholding statistics

Share capital & shareholders

Share capital

Item	Value	Period / scope	Source
ISSUED AND FULLY PAID UNITS	2,444,525,568 Units	Keppel DC REIT · As at 2026-03-11	PDF p. 191
Voting rights	1 vote per Unit	Keppel DC REIT · As at 2026-03-11	PDF p. 191
Class of Units	There is only one class of Units in Keppel DC REIT.	Keppel DC REIT · As at 2026-03-11	PDF p. 191

Shareholding distribution

Item	Value	Period / scope	Source
Total	25,780 holders	Total No. of Unitholders · As at 2026-03-11	PDF p. 191
1 – 99	217 holders; 0.84% of holders; 8,491 units; 0.00% of units	Distribution of unitholdings · As at 2026-03-11	PDF p. 191
100 – 1,000	3,562 holders; 13.82% of holders; 2,475,100 units; 0.10% of units	Distribution of unitholdings · As at 2026-03-11	PDF p. 191
1,001 – 10,000	14,970 holders; 58.07% of holders; 70,242,269 units; 2.87% of units	Distribution of unitholdings · As at 2026-03-11	PDF p. 191
10,001 – 1,000,000	6,999 holders; 27.15% of holders; 230,552,493 units; 9.43% of units	Distribution of unitholdings · As at 2026-03-11	PDF p. 191
1,000,001 and above	32 holders; 0.12% of holders; 2,141,247,215 units; 87.60% of units	Distribution of unitholdings · As at 2026-03-11	PDF p. 191

Free float

Item	Value	Period / scope	Source
PUBLIC UNITHOLDERS	approximately 78.75% of the issued Units in Keppel DC REIT are held by the public	Keppel DC REIT · As at 2026-03-11	PDF p. 192

Treasury shares

Item	Value	Period / scope	Source
TREASURY UNITS	there are no treasury units held by Keppel DC REIT or the Manager	Keppel DC REIT · As at 2026-03-11	PDF p. 192

Extracted from Annual Report 2025 and checked against the cited pages; see the original report for full context.

Related parties, people & properties

Other disclosures

Related party transactions

Item	Value	Period / scope	Source
Temasek Holdings Group – Acquisition of interests in KDC SGP 7 and 8	143,109 S$'000	Temasek Holdings Group; aggregate value of all interested person transactions FY 2025 (excl. <S$100,000 and Rule 920 mandate)	PDF p. 189
Temasek Holdings Group – Recovery of expenses	1,091 S$'000	Temasek Holdings Group; FY 2025	PDF p. 189
Temasek Holdings Group – Corporate guarantee	24,000 S$'000	Temasek Holdings Group; FY 2025	PDF p. 189
Keppel Ltd. and its subsidiaries – Acquisition of interests in KDC SGP 3, 4, 7 and 8	271,803 S$'000	Keppel Ltd. and its subsidiaries; FY 2025	PDF p. 189
Keppel Ltd. and its subsidiaries – Fixed rental income	124,425 S$'000	Keppel Ltd. and its subsidiaries; FY 2025	PDF p. 189
Keppel Ltd. and its subsidiaries – Variable rental income	226,754 S$'000	Keppel Ltd. and its subsidiaries; FY 2025	PDF p. 189
Keppel Ltd. and its subsidiaries – Manager’s management fees	37,586 S$'000	Keppel Ltd. and its subsidiaries; FY 2025	PDF p. 189
Keppel Ltd. and its subsidiaries – Recovery of expenses	46,826 S$'000	Keppel Ltd. and its subsidiaries; FY 2025	PDF p. 189
Keppel Ltd. and its subsidiaries – Corporate guarantee	33,037 S$'000	Keppel Ltd. and its subsidiaries; FY 2025	PDF p. 189
Perpetual (Asia) Limited – Trustee fees	587 S$'000	Perpetual (Asia) Limited, Trustee of the REIT; FY 2025	PDF p. 189
Aggregate variable rental income amount and facility management fees in FY 2025	Aggregate variable rental income amount of S$215,497,000 and facility management fees of S$8,707,000 in FY 2025	FY 2025, approved/deemed approved by Unitholders	PDF p. 190

Contingent liabilities

Item	Value	Period / scope	Source
Contingencies	In December 2025, the Group entered into payment undertaking deeds which Keppel Data Centres Holding Pte. Ltd., Times Properties Private Limited and an unrelated third party are required to reimburse their respective agreed percentages of the lease extension consideration of $350 million	Group, Note 32	PDF p. 156
Financial guarantee contracts	The Trust has issued financial guarantees to banks for borrowings of its subsidiaries.	Trust (Note 28)	PDF p. 147

Director remuneration

Item	Value	Period / scope	Source
Ms Christina Tan	112,000 S$	Directors' fees, year ended 31 December 2025	PDF p. 170
Mr Low Huan Ping	59,715 S$	Directors' fees, year ended 31 December 2025	PDF p. 170
Ms Yeo Siew Eng	100,000 S$	Directors' fees, year ended 31 December 2025	PDF p. 170
Mr Chua Soon Ghee	78,000 S$	Directors' fees, year ended 31 December 2025	PDF p. 170
Mr Andrew Tan	83,945 S$	Directors' fees, year ended 31 December 2025	PDF p. 170
Mr Thomas Pang	72,000 S$	Directors' fees, year ended 31 December 2025	PDF p. 170
Mr Kenny Kwan	29,687 S$	Directors' fees, year ended 31 December 2025	PDF p. 170
Total Remuneration	S$1,768,250	CEO Mr Loh Hwee Long, FY 2025	PDF p. 170

Subsequent events

Item	Value	Period / scope	Source
Subsequent events	On 30 January 2026, the Manager declared a distribution of 5.248 cents per Unit for the period from 1 July 2025 to 31 December 2025.	Note 35 · As at 2026-01-30	PDF p. 158
Subsequent events	On 12 February 2026, the Group completed the acquisition of all remaining interests in KDCS3 LLP and KDCS4 LLP, which in turn hold KDC SGP 3 and KDC SGP 4 respectively, at an aggregate amount of $50.5 million.	Note 35 · As at 2026-02-12	PDF p. 158
Subsequent events	On 11 February 2026, M1PL was converted to Keppel DC Singapore 7 LLP, a limited liability partnership	Note 35 · As at 2026-02-11	PDF p. 158

Outlook

Item	Value	Period / scope	Source
LOOKING AHEAD	Building on our momentum, Keppel DC REIT is ready to ride on megatrends such as cloudification and AI, especially in inference and agentic AI.	Chairman's Statement dated 17 March 2026	PDF p. 7

Extracted from Annual Report 2025 and checked against the cited pages; see the original report for full context.

Source: Annual Report 2025 ↗

Corporate information

Registration & contacts

Incorporated In: SINGAPORE
Incorporated On: 17 Mar 2011
Email: [email protected]
Telephone: 65 65355665
Fax: 65 65350660
Registered Office: 1 Harbourfront Avenue
Level 2, Keppel Bay Tower
Singapore 098632
Secretary: Tan Wei Ming Darren
Registrar / Transfer Agent: BOARDROOM CORPORATE & ADVISORY SERVICES PTE. LTD.
Registrar Address: 1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632
Auditors: PRICEWATERHOUSECOOPERS LLP
Other Stock Exchange Listings: *SINGAPORE EXCHANGE LTD.
Country: SINGAPORE
Security Type: reits