Keppel DC REIT acquires remaining lease in Dublin 1 for $48.1 mil

By PC Lee / The Edge Singapore | March 15, 2018 12:37 PM SGT
SINGAPORE (Mar 15): The manager of Keppel DC REIT has entered into an agreement to acquire the remainder of the 999-year leasehold interest in Keppel DC Dublin 1.
The agreed value for the acquisition is EUR 30 million ($48.1 million).
Prior to the transaction, KDCREIT already held a leasehold interest in Keppel DC Dublin 1 which expires on 11 April 2041.
Exterior of Keppel DC Dublin 1 (Credit: Keppel DC REIT)