Keppel DC Reit has agreed to acquire data centre Intellicentre 2 (IC2) in Sydney from Macquarie Telecom (MT) for A$43.3 million (S$44.9 million). In a statement on Thursday (May 28), Keppel said the acquisition is the first for data centre Reit, five months after its listing on the Singapore Exchange. IC2 is located within the Macquarie Business Park which specialises in the communications and...
Keppel DC REIT
Keppel DC real estate investment trust (REIT) made a strong debut on the Singapore Exchange (SGX) on Friday (Dec 12), opening at 98 cents per share after the initial public offering (IPO) was oversubscribed by 9.6 times at the closing of the offer. It closed the session at 96.5 cents. Keppel DC REIT is the first data centre REIT to be listed in Asia. It is also the largest REIT IPO in Singapore this...
The hotly anticipated initial public offering (IPO) of Keppel DC REIT was launched on Friday (Dec 5). The Reit will be managed by Keppel DC Reit Management, a wholly owned subsidiary of Keppel Telecommuncations and Transportation (Keppel T&T), which owns the data centres. Its final prospectus was registered with the Monetary Authority of Singapore in relation to its proposed listing on the Main Board,...
Keppel Telecommunications & Transportation (Keppel T&T) is planning to list Keppel DC REIT on the Mainboard of the Singapore Exchange (SGX). Keppel T&T Chief Executive Officer Thomas Pang said on Monday (Nov 10): "There has been a surge in demand for data centres, driven by a growth in e-commerce, cloud computing, and big data. “Increasingly, these new generation data centres are also required to...