Keppel DC REIT has agreed to acquire two info centre amenities, on a entirely-equipped basis, in Jiangmen, Guangdong Province, for RMB 1,380.6 million (close to S$297.1 million).
The Singapore-detailed REIT entered into agreements with Guangdong Bluesea Info Improvement Co. Ltd. (Bluesea) and its parent corporation, Guangdong Bluesea Cellular Advancement Co. Ltd. to obtain the two information centre amenities.
The two transactions comply with the acquisition of Guangdong Information Centre, Keppel DC REIT’s first acquisition in China, declared in July 2021. Following the completion of the most recent transactions, Keppel DC REIT will very own 62.9% of its belongings in Asia.
The two info centre amenities will be named Guangdong Info Centre 2 and Guangdong Info Centre 3 (Guangdong DC 2 and Guangdong DC 3) respectively on completion of the acquisition. Guangdong DC 2 is thoroughly-equipped and payment will be made in complete at legal completion. Guangdong DC 3