logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Keppel acquires Tokyo Data Centre 1 for JPY 23.4 billion

Jul 15, 2024over 1 year ago

Acquiring Company

Keppel Ltd

Acquired Company

Tokyo Data Centre 1

SingaporeTokyoFinancial ServicesReal Estate

Description

Keppel has announced the acquisition of Tokyo Data Centre 1 for JPY 23.4 billion. Keppel DC REIT Management has entered into an agreement to acquire a 100 percent interest in the data centre, marking its entry into the Japanese market. The acquisition will enhance Keppel DC REIT's portfolio, increasing occupancy and extending the weighted average lease expiry.

Company Information

Company

Keppel Ltd

Location

Singapore

About

Keppel Ltd is one of Singapore’s biggest institutions with a focus on various industries including investments and real estate.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed