--- title: "Keppel DC REIT secures 10-year lease extension for $350m" type: "News" locale: "en" url: "https://longbridge.com/en/news/271449895.md" description: "Keppel DC REIT has secured a 10-year lease extension for $350 million for KDC Singapore 7 and KDC Singapore 8, increasing the weighted average land lease expiry to 25 years. The extension is pending unitholder approval and will take effect from January 1, 2026. Funding will come from internal resources and debt, with no changes to the trust’s distribution policy. The lease extension enhances income visibility and reduces long-term lease expiry risk for the trust's portfolio." datetime: "2026-01-05T02:10:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271449895.md) - [en](https://longbridge.com/en/news/271449895.md) - [zh-HK](https://longbridge.com/zh-HK/news/271449895.md) --- # Keppel DC REIT secures 10-year lease extension for $350m **The weighted average land lease expiry extends to 25 years.** Keppel DC REIT has agreed to pay $350.0m to extend the land leases for KDC Singapore 7 and KDC Singapore 8 by 10 years, lifting the weighted average land lease expiry of its portfolio to about 25 years, according to a press release. The extension follows in-principle approvals from the Singapore Land Authority and Jurong Town Corporation and is expected to be completed after unitholder approval, with the new lease terms taking effect from 1 January 2026, the manager said. The lease extension will be funded through a combination of internal resources and debt, with no change expected to the trust’s distribution policy. Aggregate leverage is expected to remain within the manager’s stated medium-term range following completion. Post-extension, Singapore assets will account for a higher proportion of the trust’s weighted average land lease profile, improving income visibility and reducing long-term lease expiry risk based on portfolio figures as at 30 September 2025. ### Related Stocks - [AJBU.SG](https://longbridge.com/en/quote/AJBU.SG.md) - [X1JU.SG](https://longbridge.com/en/quote/X1JU.SG.md) ## Related News & Research - [Abaxx to Launch Silver Singapore Futures on May 22, 2026 | ABXXF Stock News](https://longbridge.com/en/news/286762247.md) - [ZAWYA: Al Habtoor Tower: Dubai's boldest residential project yet](https://longbridge.com/en/news/287051508.md) - [Signature Global to invest ₹3,500 cr on land buying, construction: Chairman](https://longbridge.com/en/news/286662105.md) - [ZAWYA: UAE developers accelerate shift to recurring income amid market uncertainty](https://longbridge.com/en/news/287012545.md) - [ZAWYA: Joramco rewards employees with up to 12 weeks’ bonus](https://longbridge.com/en/news/287035395.md)