Keppel Dc Reit · SGX:AJBU
Keppel Dc Reit — Shareholder Meeting (April 2022)
16 slides from Keppel Dc Reit's shareholder meeting presentation, Apr 20, 2022
Slide 1: Annual General Meeting
Annual General Meeting 20 April 2022
Slide 2: FY 2021 Key Highlights
FY 2021 Key Highlights Sustainable Financial Resilient & Diversified Strong Balance Growth Portfolio Sheet Distributable Income Growth in AUM Aggregate Leverage3 $171.6m $3.4b1 34.6% for FY 2021, a 9.4% y-o-y increase, due mainly to as at 31 Dec 2021, representing a 13.3% growth from a as at 31 Dec
Slide 3: Value Creation with DPU Accretive Investments
Value Creation with DPU Accretive Investments Strengthening foothold Maiden acquisition in China in Europe ▪ Strategic acquisition of Guangdong ▪ Strategic acquisitions of Data Centre to tap into China’s London Data Centre in the growing digital economy UK and Eindhoven Campus ▪ Guangdong is one of
Slide 4: 1Q 2022 Updates
1Q 2022 Updates 4
Slide 5: Key Highlights for 1Q 2022
Key Highlights for 1Q 2022 Higher distributable income and DPU • Distributable income and DPU1 for 1Q 2022 increased by 5.9% and 0.2% y-o-y respectively, mainly due to recent data centre acquisitions and investment in debt securities, partially offset by lower contributions from Singapore assets as
Slide 6: Financial Updates
Financial Updates Higher Distributable Income and DPU Distribution per Unit (cents)1 ($’000) 1Q 2022 1Q 2021 % Change 3.000 +0.2% Gross Revenue 66,104 66,685 (0.9) 2.462 2.466 Net Property Income 60,129 60,989 (1.4) 2.000 Distributable Income (DI)1 44,528 42,029 +5.9 1.000 Distribution per Unit (DPU
Slide 7: Financial Updates
Financial Updates Well-spread Debt Maturity Profile • Obtained a revolving credit facility of GBP70m for 6 years in 1Q 2022 Debt Maturity Profile (as at 31 Mar 2022) 4.3% 6.4% 6.3% 25.4% 7.8% 8.8% 11.4% 7.8% 2.1% 3.9% 3.6% 6.9% 0.9% 4.4% 2022 2023 2024 2025 2026 2027 2028 SGD AUD GBP EUR RMB As at 3
Slide 8: Prudent Capital Management
Prudent Capital Management Managing interest rate exposure Debt currency breakdown Investment properties breakdown1 • 76% of loans hedged through floating-to-fixed (as at 31 Mar 2022) (as at 31 Mar 2022) interest rate swaps, with the remaining Italy unhedged borrowings in EUR Ireland 1.7% 8.3% o Wei
Slide 9: Proactive Portfolio Management
Keppel DC Singapore 3, Singapore Proactive Portfolio Management ▪ Strengthened portfolio and foothold in Europe with the completion of the acquisition of London Data Centre ▪ Proactive leasing efforts resulted in new, renewal and expansion leases secured at Dublin, Malaysia and the Netherlands ▪ Enh
Slide 10: Commitment to ESG Excellence
Commitment to ESG Excellence Environmental Stewardship Responsible Business • Signatory of the Climate Neutral • Dedicated Board ESG Committee Data Centre Pact in Europe Environmental o To develop and articulate ESG Stewardship strategy • Renewable electricity procured for o Provide oversight of sus
Slide 11: ESG Targets and Commitments
ESG Targets and Commitments Environmental Stewardship Responsible Business People & Community Climate Change Adaptation Building and Service Quality Community Development and Engagement • To align reporting with the recommendations of • To obtain and maintain green certification for all Singapore •
Slide 12: Outlook
Outlook CGS] DC REIT 12
Slide 13: Industry Outlook
Industry Outlook Demand for Data Centres Remains Robust • Worldwide spend on data centre IT hardware and software grew 10% in 20211 • Colocation demand is estimated to have grown 14% across Asia Pacific and 12% in Europe in 20212 • Demand continues to be driven by2,3,4: – Increased prominence of clo
Slide 14: Well-Positioned for Growth Value Creation for Stakeholders
Value Creation for Stakeholders Well-Positioned for Diversified portfolio of data centres with a predominantly Asia focus Growth • Strong operational expertise and proven growth track record • Proactive asset management to optimise portfolio returns • Large and stable client base The Manager will co
Slide 15: Target Markets
Target Markets KEPPEL DC REIT’S PRESENCE IN • Singapore • Australia • Ireland • Germany • The Netherlands • China • United Kingdom • Italy • Malaysia OTHER TARGET MARKETS Canada France Hong Kong Indonesia Japan New Zealand Norway South Korea Spain Taiwan Thailand Sweden Switzerland US 15
Slide 16: 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