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Keppel DC REIT to acquire Tokyo Data Centre 1 for JPY23.4 bil

Khairani Afifi Noordin
Khairani Afifi Noordin • 3 min read
Keppel DC REIT to acquire Tokyo Data Centre 1 for JPY23.4 bil
The acquisition is expected to be 1.1% accretive to DPU. Photo: Bloomberg
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The manager of Keppel DC REIT has entered into an agreement to acquire a shell and core data centre located in Tokyo, Japan for JPY23.4 billion ($201 million).

The total purchase consideration represents a 2.5% discount to the property’s valuation of JPY24 billion. 

Keppel DC REIT will have a 98.47% effective interest in the property, while the remaining 1.53% effective interest in the property will be held by Keppel.

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