Keppel DC REIT Management, the manager of Keppel DC REIT (SGX:AJBU), has completed the acquisition of a data center located in Tokyo, Japan, according to a Wednesday filing on the Singapore Exchange.
The acquisition improves Keppel DC REIT's portfolio, adding to its geographical diversification and increasing its rental income from clients with investment-grade credit profiles.
The acquisition raises the REIT's assets under management to SG$3.9 billion, spanning 23 data centers across 10 countries in Asia Pacific and Europe.
Price (SGD): S$2.05, Change: S$+0.03, Percent Change: +1.49%
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