Keppel DC Reit reported an 11.3% increase in its distribution per unit (DPU), signaling strong performance in the data center sector.
The rise underscores the continued demand for digital infrastructure assets in Singapore, providing a positive counterpoint to broader regional real estate headwinds.
In contrast, Mapletree Logistics Trust is navigating investor pressure to speed up the sale of its Chinese logistics properties.
While the trust’s manager has previously defended a measured approach to these disposals, market sentiment appears to be shifting toward a desire for faster portfolio rebalancing away from mainland China exposure.
The diverging fortunes of these two major Singapore-listed trusts highlight the sector’s bifurcation.
Data center REITs are benefiting from the global AI and cloud computing boom, whereas traditional logistics funds are grappling with geopolitical risks and slowing growth in key Asian markets.