- Keppel DC REIT plans to develop long-term relationships with hyperscale tenants, which accounted for 63% of 3M25 rental income. It has repositioned towards hyperscale data centres by acquiring three hyperscale data centres in Singapore and Japan.
- - Read this at SGinvestors.io -
Pivot towards hyperscale data centres.
- Keppel DC REIT (SGX:AJBU) intends to develop long-term relationships with hyperscale tenants. It aims to pivot towards hyperscale data centres with a power capacity of 20-50MW.
- 2024 marked a watershed year when Keppel DC REIT acquired three hyperscale data centres, namely SGP7 and SGP8 in Singapore (completion: 27 Dec 24) and Tokyo Data Centre 1 in Japan (completion: 31 Jul 24).
- - Read this at SGinvestors.io -
- entered into an agreement to divest Basis Bay Data Centre in Cyberjaya, Malaysia for RM55.1m (S$16.7m) on 2 Jan 25, and
- completed the divestment of Kelsterbach Data Centre in Frankfurt, Germany for €50.0m (S$70.6m) on 24 Mar 25.
Growth from hyperscale tenants.
- Read more at SGinvestors.io.
