Keppel DC REIT has entered into agreements with Guangdong Bluesea Data Development Co. Ltd. (Bluesea) and its parent company, Guangdong Bluesea Mobile Development Co. Ltd., to acquire two data centre facilities, on a fully-fitted basis, in Jiangmen, Guangdong Province, for RMB 1,380.6 million (approximately S$297.1 million).

The two transactions follow the acquisition of Guangdong Data Centre, Keppel DC REIT’s first acquisition in China, announced in July 2021. Following the completion of the latest transactions, Keppel DC REIT will own 62.9% of its assets in Asia.