Keppel DC REIT · SGX:AJBU
Keppel DC REIT — Q1 2020 Earnings Presentation
11 slides from Keppel DC REIT's earnings presentation, Apr 21, 2020
Slide 1: 1Q 2020 Operational Updates
1Q 2020 Operational Updates 21 April 2020
Slide 2: Business Updates: Managing Impact of COVID-19
Business Updates Managing Impact of COVID-19 ▪ Resilient asset class that supports the digital economy ▪ Impact of global supply chain concerns ̶ Closely monitoring AEI works at Keppel DC Dublin 1, Keppel DC Singapore 5 and DC1 ̶ Development of Intellicentre 3 East Data Centre in Sydney expected to
Slide 3: Business Updates: Diversified and Resilient Portfolio
Business Updates Stable income stream with healthy Diversified and Resilient Portfolio portfolio occupancy and long WALE ▪ Completed acquisition of remaining 999-year leasehold land interest at Keppel DC Dublin 1 in Mar 2020 ▪ Additional power capacity at Keppel DC Singapore 5 fully-committed Portfo
Slide 4: Financial Updates
Financial Updates Stable Returns ($’000) 1Q 2020 1Q 2019 % Change Gross Revenue 60,272 48,033 +25.5 Net Property Income 55,443 43,230 +28.3 Distributable Income1 35,781 27,109 +32.0 Distribution per Unit (DPU)1 2.085 1.920 +8.6 (cents) Healthy Balance Sheet 31 Mar 2020 31 Dec 2019 % Change Unitholde
Slide 5: Financial Updates: Prudent Capital Management
Update FinancialUpdates Prudent Capital Management Financial Debt Maturity Profile As at 31 Mar 2020 2.7% 13.1% 29.5% 6.5% 16.9% 5.4% 7.0% 7.0% 8.3% 1.3% 2.3% 2020 2021 2022 2023 2024 2025 2026 SGD AUD GBP EUR ▪ Obtained new loan facilities: EUR 50 million revolving credit facility and EUR 50 millio
Slide 6: Industry Outlook
Industry Outlook Global colocation market expected to grow by Stable Outlook Supported by Sound Industry Fundamentals 14% 1 in 2020 ▪ Demand is expected to hold up in a pandemic as data centres support mission critical operations Enterprise spending on cloud infrastructure expected to grow by ▪ COVI
Slide 7: Positioned for Growth
Positioned for Growth ▪ The Manager will continue to strengthen Keppel DC REIT’s presence and position it to capitalise growth opportunities in the data centre industry Low aggregate leverage of Investment merits Steady DPU growth 32.2%1 provides financial flexibility since listing ✓ Proxy to fast-g
Slide 8: Thank You
Thank You Important Notice: The past performance of Keppel DC REIT is not necessarily indicative of its future performance. Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking” statements due to a number of risks, uncertainties
Slide 9: Additional Information
NG) -y-1) DC REIT Additional Information y
Slide 10: Portfolio Overview (as at 31 Mar 2020)
Portfolio Overview (as at 31 Mar 2020) Attributable No. of Occupancy WALE Location Interest lettable area Valuation2 Lease type Land lease title clients1 rate (%) (years) (sq ft) Asia Pacific Leasehold Keppel lease / Keppel DC Singapore 1 Singapore 100% 109,721 20 89.2 S$296.0m 3.7 (Expiring 30 Sep
Slide 11: Portfolio Overview (as at 31 Mar 2020)
Portfolio Overview (as at 31 Mar 2020) Attributable lettable No. of Occupancy WALE Location Interest Valuation2 Lease type Land lease title area (sq ft) clients1 rate (%) (years) Sydney, A$57.7 m Triple-net Intellicentre 2 Data Centre 100% 87,930 1 100.0 15.4 Freehold Australia (S$53.4m) (Shell & co