These transactions are part of Keppel’s asset monetisation programme and will bring Keppel’s announced monetisation in the year to date to over $2.4 billion, says the group.
Keppel’s Connectivity Division will divest its remaining interests in two data centres in Singapore to Keppel DC REIT for $50.5 million.
Following the completion of the divestment of 10% interest in Keppel DC Singapore 3 and 1% interest in Keppel DC Singapore 4, Keppel DC REIT will hold 100% interests in two of these data centres.
