What happened?

Keppel DC REIT has been growing its data centre portfolio. The REIT has announced the acquisition of an 88.62% effective interest in Tokyo Data Centre 4 and Tokyo Data Centre 5, two freehold hyperscale data centres in Greater Tokyo. This follows the acquisition of Tokyo Data Centre 3 and increased interests in several Singapore data centres last year. The growth in Keppel DC REIT's data centre portfolio has helped the REIT to deliver growth in its distributions. The latest acquisition will add two large-scale data centres to Keppel DC REIT’s portfolio and deepen its exposure to the Japan market. In this article, we look at what you need to know about the acquisition, how it will be funded, and what it could mean for Keppel DC REIT unitholders.

6 things you need to know about Keppel DC REIT's Tokyo data centre acquisition

Source: Company Data

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