Keppel Dc Reit · SGX:AJBU
Keppel Dc Reit — Shareholder Meeting (April 2021)
13 slides from Keppel Dc Reit's shareholder meeting presentation, Apr 21, 2021
Slide 1: Annual General Meeting
Annual General Meeting 21 April 2021
Slide 2: Key Highlights for FY 2020
Key Highlights for FY 2020 Total Unitholder returns of ▪ Strong financial performance supported by new acquisitions 38.4% in FY 2020 and DPU increased 20.5% y-o-y to 9.170 cents while distributable income increased 38.6% to $156.9m in FY 2020 311.6% since listing as at 31 Dec 2020 ▪ Proactive asset
Slide 3: Steady Portfolio Growth Since Listing
Steady Portfolio Growth Since Listing Keppel DC Dublin 1 Keppel DC Remaining 999- Kelsterbach Amsterdam Intellicentre year leasehold Data Centre Data Centre Singapore 4 land interest 3 East Data DC1 Keppel DC Centre maincubes Singapore Keppel DC Data Centre 5 Keppel DC Dublin 2 Cardiff Milan Singapo
Slide 4: 1Q 2021 Updates
1Q 2021 Updates 4
Slide 5: Key Highlights for 1Q 2021
Key Highlights for 1Q 2021 Continued to deliver healthy financial performance Distributable income1 and DPU2 for 1Q 2021 was up 17.5% and 18.1% y-o-y respectively, supported by contributions from accretive acquisitions and asset enhancement initiatives in 2020 Value creation through portfolio optimi
Slide 6: Financial Updates
Financial Updates Continued to Deliver Healthy Returns Distribution per Unit (cents) ($’000) 1Q 2021 1Q 2020 % Change 3.000 +18.1% 2.462 Gross Revenue 66,685 60,272 +10.6 2.085 2.000 Net Property Income 60,989 55,443 +10.0 1.000 Distributable Income1 42,029 35,781 +17.5 1Q 2020 1Q 2021 Distribution
Slide 7: Prudent Capital Management
Prudent Capital Management Financial Updates Debt Maturity Profile As at 31 Mar 2021 11.7% 10.7% 22.9% Gore Hill Data Centre 5.3% 13.8% 6.8% 9.1% 5.6% 1.8% 6.2% 5.0% 1.1% 2021 2022 2023 2024 2025 2026 SGD AUD GBP EUR ▪ Proactively manage interest rate exposure, with 67% of loans hedged with floating
Slide 8: Portfolio Updates
Portfolio Updates Business Updates ▪ Proactively engaging tenants for lease renewals in 2021 ▪ Development of Intellicentre 3 East Data Centre (IC3 East DC) progressing as planned • New 20-year triple net master lease with Macquarie Data Centres for Intellicentre 2 Data Centre and IC3 East DC to com
Slide 9: Rental Income Breakdown
Rental Income Breakdown By trade sector By lease type By Top 10 Customers (for the month of March 20211) (for the month of March 20211) (for the month of March 20211) Internet Internet Enterprise Corporate Enterprise One of the largest tech companies globally 38.8% Shell & 1.8% 47.0% core Telecom 9.
Slide 10: Outlook
Outlook [CQYDc REIT 10
Slide 11: Industry Outlook
Industry Outlook Strong and Resilient Data Centre Demand ▪ Notwithstanding the pandemic, hyperscalers’ spendings on colocation data centres increased 25% in 2020, of which 70% was met by colocation providers1 ▪ Global colocation market is expected to grow by 16% in 2021, largely spurred by growth in
Slide 12: Well-positioned for Growth
Well-positioned for Growth Strategic Direction Resilient asset class with long-term growth visibility, proxy to fast growing technology sector The Manager will continue to capitalise on growth Highly defensive and sustainable income stream opportunities in the data centre industry, Strong operationa
Slide 13: 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