Keppel DC REIT to acquire two data centres in Singapore for $426m

Source: Picture of 1-Net North Data Centre (1-Net North Data Centre Pte Ltd)

Singapore Exchange (SGX) Mainboard-listed Keppel DC REIT (KDCR) is proposing to acquire two local data centres for S$585.10 ($425.68 million).

The REIT is concurrently also launching a combination of a private placement, preferential offering, and debt to fund the purchase.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter