InfraCompute / Investments
Keppel DC REIT acquires Tokyo Data Centres 4 and 5 (Inzai)
M&A · Keppel DC REIT · ¥190bn, 1 September 2026.
Key terms
- Company
- Keppel DC REIT
- Date
- 1 September 2026
- Type
- M&A
- Value
- ¥190bn
- Status
- Announced; completion expected Q4 2026
- Region
- Japan
What happened
Keppel DC REIT agreed to buy majority interests in two freehold hyperscale colocation data centres in Inzai City, Greater Tokyo, at a 2.1% discount to valuation. Japan rises from about 9% to 23% of portfolio rental income.
Recorded terms
- Valuation
- JPY194bn
- Occupancy
- 100%, four investment-grade clients
- WALE
- About 4.5 years (TKY4) and 10.6 years (TKY5)
- Funding
- Largely a private placement of new units
- Value basis
- JPY190bn on a 100% basis; the REIT's share is about JPY168.4bn
- Segment
- Data centres
Parties
More investments
For counsel on a deal like this
M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.
Sources
- Keppel: Keppel DC REIT acquires two freehold hyperscale colocation data centres in Inzai CitySource date: 1 September 2026
About this record
Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.
