Keppel DC Reit divests German data centre for 50 million euros

News about Keppel DC REIT
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million).

On Monday (Feb 17), the real estate investment trust’s (Reit) manager said KDCR Netherlands 3, a wholly owned subsidiary of the Reit, entered into a sale and purchase agreement last week with an unrelated third party.
...read more on The Business Times
Keppel DC REIT
Price2.300 SGD
NAV1.660 SGD
Yield (4 quarters)4.51%
Gearing35.3%