Keppel Earnings Tomorrow: Are REIT Signals Pointing to Growth?
As a global asset manager and operator spanning three key business segments — Infrastructure, Urban Development, and Connectivity — $Keppel(BN4.SI)$ is set to announce its earnings tomorrow. Keppel has established a value recycling model through a pipeline of “developing/acquiring assets → injecting into its REITs → recycling capital.”.
The Group has adopted a streamlined horizontal integration model, reporting under four key segments:
What guidance do Keppel’s REITs offer ahead of its parent company’s results?
1. $Keppel DC Reit(AJBU.SI)$ reported earnings last week and fell 0.98% on the day.
DPU rose 14.2% YoY, NPI increased 24.1%, and total revenue grew 22.6%, driven by the consolidation of Singapore Data Centres 7 & 8 and Tokyo Data Centre 1, along with positive rental reversions from lease renewals.
Notably, per PERE’s latest data, data center funds accounted for 29% of total fundraising in Q1 2025, the highest in five years.
2. $Kep Infra Tr(A7RU.SI)$ dropped 2.41% after releasing results yesterday.
This quarter, KIT showed mixed performance: DPU rose 27.7% YoY, from S$50.9 million to S$65 million.
However, after stripping out one-off items, adjusted distributable income fell 31.9% YoY to S$45.5 million, revealing weakness in core business growth, particularly in Australia and New Zealand.
3. $KEPPEL REIT(K71U.SI)$ rose 1.81% after its earnings announcement today.
The quarter reflected solid asset operations, with growth in NPI (net property income) and contributions from associate assets helping offset increased borrowing costs and management fee adjustments.
NPI rose 13.3% YoY, from S$48.2 million to S$54.6 million.
Keppel Corp or Keppel REIT? What's your pick?
Are you bullish on Keppel’s long-term strategic upside in green energy, data centers, and asset management?
Or do you prefer the steady dividends and defensive profile of its REIT arms?
Will $Keppel(BN4.SI)$ sustain its 7-day rally?
Join our topic and post directly: Rising For 7 Straight Days! Can Keppel Deliver Satisfying Earnings? or leave your comments to win tiger coins~
A tool to boost your purchasing power and trading ideas with CashBoost! Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links:
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
@Kaixiang @Fenger1188 @Wayneqq @DiAngel @SPOT_ON @HelenJanet @rL @Universe宇宙 @Success88 come join
Anyway, today my hand is very itchy that I bought $UOB(U11.SI)$. 🤭. I m still working towards my 2025 KPI - SG dividends $36K. Taking last year dividends payout as an estimation, I have achieved $36K if I will to combine dividends from stocks using SRS. If excludes SRS, I yet to achieve my KPI target. Anyway, I still have 8months to achieve it and the gap between $UOB(U11.SI)$ units vs $ocbc bank(O39.SI)$ units is getting wider. 😓🙄😬 I need to stop my itchy hand on UOB and direct attention to OCBC or other SG stocks.
It is also a matter of deciding whether I want growth or yield.
I am currently invested in Keppel DC Reit and love to receive its nice, juicy dividends. The current dividend yield is 4.4%.
As I hold $STI ETF(ES3.SI)$ of which Keppel is one of the Top 10 holdings, I am also indirectly invested in Keppel too.
Both Keppel and Keppel DC Reit are great investments in the Singapore context.
Go Long Go Strong Go Keppel and Keppel DC Reit. 🚀🚀🚀🌛🌛🌛🇸🇬🇸🇬🇸🇬🌈🌈🌈💰💰💰
@Tiger_SG @TigerStars @Tiger_comments @CaptainTiger
That said, $KEPPEL REIT(K71U.SI)$ showed solid resilience with NPI growth, while KIT’s results were more mixed. Despite headline DPU growth, KIT’s adjusted distributable income fell, revealing weaker core performance, which makes its income stream less predictable in the current climate.
With Keppel’s 7-day rally, I think market optimism is justified. If earnings confirm growth in strategic areas like data centers and infrastructure, the rally could continue. I’ll be watching for signs that Keppel’s integration model and asset recycling are translating into sustained earnings momentum.
@Tiger_SG @TigerStars @Tiger_comments @Daily_Discussion
Keppel has established a value recycling model through a pipeline of “developing/acquiring assets → injecting into its REITs → recycling capital.”.
The Group has adopted a streamlined horizontal integration model.
Are you bullish on Keppel’s long-term strategic upside in green energy, data centers, and asset management?
Or do you prefer the steady dividends and defensive profile of its REIT arms?
Will $Keppel(BN4.SI)$ sustain its 7-day rally?
leave your comments to win tiger coins~
吉宝过去这两年彻底从“传统海事工程商”转型为绿色能源、数据中心、资产管理三大核心引擎的科技型企业，资产更轻，利润更高，而且政策风口实在太配合。你看它近来跟中东主权基金在绿色氢能方面的合作，或是Keppel DC REIT对接的数据基础设施布局，都不是短期博弈，而是十年路线图。
相比之下，**吉宝房地产信托基金（Keppel REIT）**虽然分红稳，抗跌，但增长空间受限，靠的是稳定出租和租金上调，对我这种追求复利增长的投资者来说吸引力稍弱。
至于$吉宝（BN4.SI）$能否维持7天连涨？我觉得有回调的可能，但趋势未破。若调整后不跌破6.50新元，是我会考虑加仓的位置。
总结：要稳选REIT，要成长选Keppel Corp。我选后者，愿为未来押注。