Brief: Keppel DC REIT Unlocks A$174.0 Million From Divestment Of Sydney Data Centre

KEPPEL DC REIT

16/04/2024 02:28

April 16 (Reuters) - Keppel DC REIT  KEPE.SI :
    * KEPPEL DC REIT UNLOCKS A$174.0 MILLION FROM DIVESTMENT OF
SYDNEY
DATA CENTRE
    * TRANSACTIONS ARE 0.7% ACCRETIVE TO DPU
    * ENTERED SALE AND PURCHASE AGREEMENT TO DIVEST ITS 100%
FREEHOLD
INTEREST IN INTELLICENTRE CAMPUS IN SYDNEY
    * IN CONJUNCTION WITH DIVESTMENT, KEPPEL DC REIT WILL
RE-INVEST
A$90.0 MILLION OF SALE PROCEEDS INTO AN AUSTRALIA DATA CENTRE
NOTE
    * AUSTRALIA DATA CENTRE NOTE ISSUED BY MACQUARIE DATA
CENTRES
GROUP

Further company coverage:  KEPE.SI 

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