Keppel DC REIT is purchasing two data centres in Guangdong, China, for RMB 1,380.6 million (about S$297.1 million):

The acquisitions are expected to be accretive to Keppel DC REIT's distribution per Unit. Post acquisitions, Keppel DC REIT's portfolio occupancy rate will increase from 98.7% as at 31 March 2022 to 98.9% and weighted average lease expiry will increase from 7.7 years as at 31 March 2022 to 8.8 years.

Funding for the acquisition is yet to be determined.