Keppel DC REIT to Build New Australian Data Center

News about Keppel DC REIT —

Keppel DC will spend between S$26.3 and S$36.41M to construct a new data center in Sydney, Australia.

Singapore-listed property fund Keppel DC REIT, partially owned by the giant conglomerate Keppel Corporation, has tied up a 20-year triple-net master lease with Macquarie Telecom, which will occupy and develop the facility.

Keppel DC REITSource...
Keppel DC REIT
Price1.990 SGD
NAV1.520 SGD
Yield (4 quarters)4.75%
Gearing31.5%

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