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Keppel to divest Genting Lane data centres to KDC REIT for $1.38 bil

keppel-to-divest-genting-lane-data-centres-to-kdc-reit-for-$1.38-bil

Keppel, on Nov 19, announced that it will divest its data centre joint venture (JV) to Keppel DC REIT (KDC REIT) for a total gross divestment price of $1.38 billion. The JV, which is 60%-owned by Keppel’s connectivity division and 40%-owned by Cuscaden Peak Investments Private Limited, owns the Keppel Data Centre Campus at Genting […]