Listed on 12 December 2014, Keppel DC REIT is the first pure-play data centre REIT listed in Asia and on the Singapore Exchange.
Keppel DC REIT’s investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate-related assets.
As at 31 December 2020, the REIT had a portfolio valued at approximately $3.0 billion, comprising 191 data centres strategically located in key data centre hubs. With an aggregate lettable area of 2,089,085 sq ft, the portfolio spans 12 cities in eight countries across Asia Pacific and Europe.
Keppel Telecommunincations & Transportation (Keppel T&T), the Sponsor of the REIT, has granted the Rights of First Refusal (ROFR) to the REIT for future acquisition opportunities of its data centre assets.
The REIT is managed by Keppel DC REIT Management Pte. Ltd. (the Manager). Keppel Capital Holdings Pte. Ltd. (Keppel Capital) has a 50% interest in the Manager, with the remaining interest held by Keppel T&T. Keppel Capital is a premier asset manager in Asia with a diversified portfolio in real estate, infrastructure, data centres and alternative assets in key global markets.
The Manager’s key objectives are to provide the REIT’s Unitholders with regular and stable distributions, as well as achieve long-term growth while maintaining an optimal capital structure.
1Excludes Intellicentre 3 East Data Centre, which is currently under development and is expected to be completed in 1H 2021.