Keppel DC Reit and sponsor acquire Tokyo data centre for 23.4 billion yen

News about Keppel DC REIT
Keppel DC Real Estate Investment Trust and its sponsor Keppel are jointly acquiring a 100 per cent interest in a shell and core data centre in Tokyo, Japan, named Tokyo Data Centre 1.

The total purchase consideration of 23.4 billion yen (S$195.3 million) stands at a 2.5 per cent discount to the property’s valuation of 24 billion yen, said the Reit manager on Thursday (Jul 11).
...read more on The Business Times
Keppel DC REIT
Price2.220 SGD
NAV1.530 SGD
Yield (4 quarters)4.52%
Gearing29.8%