Keppel DC REIT Acquires Data Centre in Dublin for EUR66 Million
September 12 2017 - 8:36PM
Dow Jones News
By Saurabh Chaturvedi
SINGAPORE--Keppel DC REIT (AJBU.SG) Wednesday said it has
acquired a data centre in Dublin for 66 million euros (US$79
million).
The data centre, which started operations in 2013, is leased to
leading global internet enterprise, IT services and
telecommunications clients, Keppel DC REIT said in a stock exchange
filing.
The acquisition is immediately accretive to Keppel DC REIT's
distribution per unit. The addition of the new facility will
further diversify the REIT's income stream, it said.
The acquisition is funded by debt and will likely raise the
REIT's aggregate leverage to 32.4% from 27.7%.
Write to Saurabh Chaturvedi at saurabh.chaturvedi@wsj.com
(END) Dow Jones Newswires
September 12, 2017 20:21 ET (00:21 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Keppel (PK) (USOTC:KPELY)
Historical Stock Chart
From Feb 2025 to Mar 2025
Keppel (PK) (USOTC:KPELY)
Historical Stock Chart
From Mar 2024 to Mar 2025
