SGX ST gives green light to Keppel DC REIT’s mainboard listing

Initial portfolio comprises eight data centres in Asia and Europe.

Keppel Telecommunications & Transportation (Keppel T&T) announced that Singapore Exchange Securities Trading Limited (the SGX-ST) has today issued its eligibility-to-list (ETL) letter for the initial public offering and listing of Keppel DC REIT on the SGX-ST.

Keppel DC REIT's proposed investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income producing real estate assets that are used primarily for data centre purposes, with an initial focus on Asia-Pacific and Europe.

The initial portfolio of Keppel DC REIT is expected to comprise eight data centre properties in Asia-Pacific and Europe: Keppel Digihub and Keppel Datahub 1 in Singapore; Gore Hill Data Centre in Sydney, Australia and iseek Data Centre in Brisbane, Australia; Basis Bay Data Centre1 in Selangor, Malaysia; GV7 Data Centre in London, the United Kingdom; Almere Data Centre in Amsterdam, the Netherlands; and Citadel 100 Data Centre in Dublin, Republic of Ireland. Keppel DC REIT will be managed by a wholly-owned subsidiary of Keppel T&T, Keppel DC REIT Management Pte Ltd.

A circular has also been issued today to Keppel T&T shareholders together with a notice of extraordinary general meeting (EGM) to seek approval for the proposed listing of Keppel DC REIT, a proposed divestment of Keppel T&T's interests in Keppel Digihub, Keppel Datahub 1, Gore Hill Data Centre and Citadel 100 Data Centre, and their proposed injection into Keppel DC REIT. The EGM will be held on 25 November 2014.

Also Read

One Sophia sells 30% of units at weekend launch

SLA launches tender to revitalise Tanjong Katong Complex

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit