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Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit
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Keppel sells remaining interests in two Singapore data centres to Keppel DC REIT for $50.5 mil
Keppel is selling its remaining 10% interest in Keppel DC Singapore 3 (KDC SGP 3) and 1% interest in Keppel DC Singapore 4 (KDC SGP SGP 4) to Keppel DC REIT for a total cash consideration of $50.5 million. The completion of the sales of the two data centres are expected to take place by 1Q2026. Post-completion, Keppel DC REIT will 100% interests in both assets. The deal is part of Keppel’s asset monetisation programme, the company says in a Dec …
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