We are heading into holiday season but there is one more thing to do at Keppel DC REIT , and one final posting from me. Last Friday the REIT held its EGM where it received overwhelming support for its S$1B+ acquisition of 2 AI-ready hyperscale data centers in Singapore - Keppel DC Singapore 7 and 8. All the Independent Directors, including myself, voted for the deal as it helps position Keppel DC REIT for long-term growth in AI-ready data centers (increasing AUM by 67% to S$5.2B in the process) and it is also DPU-accretive. Many retail shareholders at the EGM expressed their gratitude to the REIT for giving them the opportunity to participate in the equity fund-raising at a price that is at a discount to the market price. For more details of the deal, download here (https://lnkd.in/g7UXDnWT) I would also like to commend the team ably led by CEO loh hweelong and CFO Adam Lee who had spent many hours putting together the deal. #KeppelDCREIT #datacenters #REIT #digitalinfrastructure #artificialintelligence #AI #genAI #anniversary #singapore #kearney
Keppel DC REIT held its Extraordinary General Meeting yesterday, attended by more than 120 Unitholders, with all four resolutions passed. The resolutions include the 🌟 𝗮𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝘁𝘄𝗼 𝗔𝗜-𝗿𝗲𝗮𝗱𝘆 𝗵𝘆𝗽𝗲𝗿𝘀𝗰𝗮𝗹𝗲 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗿𝗲𝘀 𝗶𝗻 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 – 𝗞𝗲𝗽𝗽𝗲𝗹 𝗗𝗖 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 𝟳 𝗮𝗻𝗱 𝗞𝗲𝗽𝗽𝗲𝗹 𝗗𝗖 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 𝟴. 🌟 We are excited to embark on this landmark deal in our 10th anniversary year since our listing in December 2014. We look forward to our Unitholders’ continued support as we build on our strong track record for future growth! #KeppelDCREIT #datacenters #REIT #digitalinfrastructure #artificialintelligence #AI #genAI #anniversary