Analyst: The balance sheet of Jiabao Data Center Real Estate Investment Trust may be robust.

Morningstar analyst Xavier Lee stated that the balance sheet of Keppel Data Centre Real Estate Investment Trust (REIT) remains strong, providing ample space for future acquisitions. He estimates that the trust has around 2 billion Singapore dollars in debt space before reaching the regulatory leverage ratio limit. He noted that Keppel Data Centre REIT announced a 7.1% year-on-year increase in distribution per unit for the second half of the year, the strongest growth since its listing. He added that this growth reflects the success of its acquisition-driven strategy and stable internal rental growth. Morningstar maintains its fair value estimate at 2.42 Singapore dollars, stating that the trust's unit value appears to be undervalued and supported by an expected dividend yield of 4.8% in 2026. The trust's unit price remains stable at 2.28 Singapore dollars.