Keppel DC REIT was added to the MSCI Singapore Small Cap Index with effect from 29 May 2015 after close of market.
MSCI conducts reviews of the constituents of the Index on a semi-annual basis, and qualifying companies need to have a minimum listing period. The addition of Keppel DC REIT to the Index is no small feat given that the REIT only started trading on the Singapore Exchange (SGX) on 12 December 2014.
Since its debut on SGX, Keppel DC REIT, the first data centre real estate investment trust to be listed in Asia, has been trading at a healthy premium to its offer price of $0.93 per unit.
The MSCI Singapore Small Cap Index was launched on 1 January 2001 and is designed to measure the performance of the small cap segment of the Singapore stock market. MSCI is a leading provider of research based, mission critical investment decision support tools for investors globally.
Keppel also features on other MSCI Indices – Keppel Corporation and Keppel Land are constituents of the MSCI Global Sustainability Index, and Keppel Land is listed on the MSCI Global Socially Responsible Index.
Keppel DC REIT was added to the MSCI Singapore Small Cap Index just six months from its debut on the SGX Main Board