iseek Data Centre (Keppel DC REIT)

Keppel DC REIT is divesting iseek Data Centre in Brisbane, Australia for AUD34.5 million (USD25 million).

Keppel DC REIT has previously granted an option to iseek Pty Ltd to purchase the REIT’s 100% interest in the asset.

Related: Keppel DC REIT allays concerns over Chinese data centre acquisition

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.