News about Keppel DC REIT —
Keppel DC REIT announces placement and acquisition of two Tokyo data centres
Keppel DC REIT has announced a private placement to raise not less than $600 million, pricing new units between $2.096 and $2.142. Keppel DC REIT last traded at $2.20. Its June 30 net asset value (NAV) is $1.67 and 1HFY2026 distribution per unit (DPU) was 5.713 cents....read more on The Edge Singapore
The capital raising is to partially fund a new acquisition in Japan. Keppel DC REIT and Keppel have indirectly entered into agreements with unrelated third-party sellers to collectively acquire 90% effective interests in Tokyo Data Centre 4 and Tokyo Data Centre 5, two freehold, hyperscale fully-fitted (colocation) data centres located in Inzai City, Greater Tokyo, Japan.