The number the model already had (EN)

Sembrook Data Center Partners I screens Cipher Kaki Bukit DC, a 28 MW Singapore colocation data centre offered at S$620m, and its analyst has keyed the broker's case into the fund's Anaplan pipeline model. Ellie runs the Deal Model Tie-Out: every model input rebuilt from the deal pack, IM vs model vs verified side by side with a citation to the page and to the model line item. Ties first, then three variances the model inherited from the pack: power that is not passed through on 7 MW of all-in fees against an 18 per cent tariff reset, a served non-renewal disclosed only in a schedule footnote, and a 5.00 per cent exit cap against a 5.61 per cent entry. The house case reruns to a 12.3 per cent levered IRR, the mandate's first-anniversary yield test binds, and the recommendation is to renegotiate at or below S$515.2m. The IC screening memo lands on the house template and the verified case is written back in UW01's own import layout, a source on every line.