Keppel DC Reit to pay up to S$56.6m for data centre's additional core M&E costs

Singapore

KEPPEL DC Reit will pay up to S$56.6 million to fund installation costs of additional core mechanical and electrical systems (M&E) for levels two and three of its data centre located at 18 Riverside Road.

This was after it entered into a supplemental deed with master lessee 1-Net Singapore through subsidiary Datacentre One, the Reit's manager said on Tuesday night in a regulatory update.