4 Singapore REITs That May Announce Acquisitions to Boost Their DPU

Investors are eagerly awaiting the first rate cut by the US Federal Reserve since 2020. To recap, the US central bank has been aggressively raising interest rates in 2022-23 to combat rising inflation. If interest rates start to fall, the REIT sector should breathe a sigh of relief. The asset class has taken a beating over the past two years as higher borrowing costs have squeezed distributable income, resulting in lower year-over-year distributions. Lower interest rates also mean REITs can make more acquisitions to boost their distributions. Here are four Singapore REITs that could announce more acquisitions at the right time.

Keppel DC REIT (SGX:AJBU)

Keppel DC REIT is a data centre REIT with a portfolio of 23 data centres across 10 countries. The REIT’s assets under management (AUM) as at 30 June 2024 was S$3.9 billion. Keppel DC REIT has a strong history of acquisitions, the most recent being the purchase of a data centre…