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Keppel DC Reit pays 81.8m euros for 2nd data centre in Germany

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Vivienne Tay

Vivienne Tay

Published Thu, Dec 12, 2019 · 09:50 PM

    Singapore

    KEPPEL DC Reit on Thursday said it will be acquiring its second data centre in Kelsterbach, Germany for 81.8 million euros (S$125.3 million). This will be its eighth data centre in Europe.

    The real estate investment trust is buying the entire freehold interest in the shell and core purpose-built data centre from Maena KG, and the deal is expected to be completed in 2020. The Reit said the buyout would likely be fully funded by debt.

    Keppel DC Reit

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