Keppel DC REIT Acquires Tokyo Data Centre 3 for S$707 Million, Expanding Portfolio to 25 Data Centres

Reuters
2025.09.22 15:23
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Keppel DC REIT has acquired Tokyo Data Centre 3 for S$707 million, enhancing its portfolio to 25 data centres globally. The acquisition, valued at JPY 82.1 billion, is expected to complete by the end of 2025 and will increase assets under management to S$5.7 billion. This strategic move strengthens Keppel's presence in Japan, the largest data centre hub in Asia Pacific, and is anticipated to positively impact the Distribution per Unit (DPU).

Keppel DC REIT has announced the acquisition of Tokyo Data Centre 3, a freehold, newly constructed hyperscale data centre located in Inzai City, Greater Tokyo. The acquisition, valued at approximately JPY 82.1 billion (S$707.0 million), represents a 1.1% discount to its appraised value. This strategic acquisition, expected to complete by the end of 2025, will see Keppel DC REIT holding a 98.47% effective interest, with Keppel holding the remaining 1.53%. The transaction will enhance Keppel DC REIT’s portfolio, increasing its assets under management to $5.7 billion across 25 data centres globally, and improving the portfolio’s occupancy and lease expiry profile. This move strengthens Keppel DC REIT’s presence in Japan, the largest data centre hub in Asia Pacific, and is expected to be accretive to the Distribution per Unit (DPU). Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keppel DC REIT published the original content used to generate this news brief on September 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here