Keppel to Buy Tokyo Data Centres

Keppel DC REIT and its sponsor Keppel have agreed to acquire a ninety percent effective interest in two Tokyo data centres for approximately one point two billion dollars. The REIT launched a private placement to finance the transaction which will boost its Japan rental income share.

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FILE PHOTO: A Keppel signage is pictured in their office in Singapore July 6, 2023. REUTERS/Edgar Su/File Photo

KEPPEL LTD's data centre REIT and its sponsor agreed Tuesday morning to acquire a 90% effective interest in two Tokyo data centres for 190 billion yen ($1.19 billion).

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