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Keppel DC REIT (SGX:AJBU) Allowance For Loans And Lease Losses


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What is Keppel DC REIT Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Keppel DC REIT (SGX:AJBU) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Keppel DC REIT (SGX:AJBU) » Definitions » Allowance For Loans And Lease Losses
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Address
16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As of June 30, 2023, it held a SGD 3.7 billion portfolio of 23 properties across nine countries in Asia and Europe. Its properties are leased out as colocation, fully fitted and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Corporation Limited owns around a 20% stake in the trust.