Keppel T&T exploring data centre Reit
Keppel Telecommunications & Transportation (Keppel T&T) is looking into the setting-up of a real estate investment trust (Reit) for its data centres.
It stated in an announcement to the Singapore Exchange (SGX) on Friday that the properties forming the portfolio of the Reit are still under review.
Other details, like the size of the offering and when the Reit may be listed on the mainboard of the SGX, have also not been finalised.
Keppel T&T said the establishment and listing of the Reit will be subject to market conditions and regulatory approvals.