Keppel DC REIT (AJBU) said on Nov, 19 2025 that it has completed the acquisition of a 98.47 per cent effective interest in Tokyo Data Centre 3, a facility located in Inzai City, Japan.
The final acquisition fee payable to the manager has been adjusted to about JPY 687.2 million, or roughly six million Singapore dollars, with a corresponding change to the fee due to Keppel Japan. The combined amount of both fees remains unchanged and the manager’s portion will be paid in units.
The trust also reported that 277.4 million Singapore dollars of the 404.5 million Singapore dollars raised from a recent preferential offering have been deployed. The funds were used as follows: 229.8 million Singapore dollars for the Inzai City purchase, one million Singapore dollars for an asset enhancement at Keppel DC Singapore 8, 10.7 million Singapore dollars for a 30-year land-lease extension at Keppel DC Singapore 1, 31.8 million Singapore dollars for debt repayment and 4.1 million Singapore dollars for offering expenses.
A balance of 127.1 million Singapore dollars remains available and will be applied to the Singapore 8 enhancement, additional debt repayment and related costs. The manager said it will provide further updates once the remaining funds are materially utilised.
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