Keppel DC REIT has successfully concluded its fully underwritten, non-renounceable preferential offering, raising approximately S$404.5 million in gross proceeds. This capital raise marks a strategic milestone for the REIT as it continues to expand its portfolio of high-quality data centre assets across Asia Pacific. The offering involved the issuance of 180,562,518 new units at an issue price of S$2.24 per unit, offered on the basis of 80 new units for every 1,000 existing units held as of the record date on 30 September 2025.
Investor response to the offering was overwhelmingly positive. At the close of the subscription period on 13 October 2025, Keppel DC REIT received valid acceptances for 148,146,252 new units, representing 82.1% of the total units offered. In addition, the REIT received applications for 155,479,938 excess units, amounting to 86.1% of the offering. In total, the preferential offering was approximately 168.2% subscribed, underscoring strong investor confidence in the REIT’s growth strategy and operational resilience.
To satisfy the demand for excess units, Keppel DC REIT will allot 32,416,266...