Keppel DC REIT (SG:AJBU) has released an update.
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Keppel DC REIT is set to enhance its portfolio with the acquisition of two AI-ready data centers in Singapore, capitalizing on the growing demand for cloud and AI services. The acquisition, which boasts a 7% accretion, positions Keppel DC REIT favorably in a market with limited new supply and high demand. Additionally, the firm is actively working on a recovery plan for its Guangdong data centers, aiming to strengthen its leasing pipeline.
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