BusinessRecent
Keppel DC Reit spends $1.5 billion on two freehold data centres in Japan
Straits Times — Business✓
Original Reporting
AI EXECUTIVE SUMMARY
Keppel DC REIT announced a $1.5 billion investment to acquire two freehold data centre sites in Japan, expanding its Asian footprint. The deal adds significant data infrastructure capacity in the region. The REIT also plans to raise at least $600 million via a private placement on September 10.
WHY IT MATTERS
The investment boosts Japan’s data centre capacity and reflects confidence in growing demand for digital services in the region.
The Reit manager also plans to raise at least $600 million through a private placement on Sept 10.
This story was originally reported by Straits Times — Business. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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