Bank of Singapore closes data centre fund following high demand

BOS said that it was amongst its most successful closed-ended offerings in years.

Bank of Singapore (BOS) offered the Keppel Data Centres S64 Access Fund SP9 to clients for a limited time.

The structured fund was originated by and exclusively distributed through BOS and provides access to the Keppel Data Centre Fund III together with access to select data centre investment opportunities, BOS said in an announcement on 29 October.

The offering is now closed. BOS said that it was amongst its most successful closed-ended offerings in years.

The fund’s APAC exposure includes Singapore, which is expected to see its data centre market expand to US$5.11b by 2031 from US$3.25b in 2025, BOS said.