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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

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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)

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