Singapore-based Keppel DC REIT Acquires Its Second Colocation Data Center in Dublin, Ireland

Keppel DC REIT, a global provider of colocation data centers with its heardquarters in Singapore, has acquired B10 Data Centre – its second colocation data center in Dublin, Ireland. The agreed value of this asset is EURO 66.0 million.

irish flagB10 Data Centre is an energy-efficiently designed and carrier-neutral colocation data center. It is 87.3% leased to leading global Internet enterprise, IT services and telecommunications clients. The colocation facility is located within the Ballycoolin Business and Technology Park in Dublin, approximately 12 kilometers from the Dublin city center, and is well-served by major transportation modes. The colocation data center started operations in 2013 and offers approximately 25,200 sq. ft. of rentable area.

“This asset is a strategic addition to Keppel DC REIT’s portfolio given its strong tenant profile with a long WALE that provides income stability,” said Mr Chua Hsien Yang, CEO of Keppel DC REIT Management. “Apart from enhancing its offering in a key data centre hub, the REIT will be able to reap operational synergies from its existing data centre, Keppel DC Dublin 1.”

Keppel DC REIT’s data center properties in Asia Pacific include Keppel DC Singapore 1 (formerly known as S25) and Keppel DC Singapore 2 (formerly known as T25) in Singapore; the Basis Bay Data Centre in Cyberjaya, Malaysia; Intellicentre 2 and Gore Hill Data Centre in Sydney, Australia; and the iseek Data Centre in Brisbane, Australia.

In Europe, Keppel DC REIT owns the GV7 Data Centre in London, United Kingdom; Cardiff Data Centre in Cardiff, United Kingdom; Keppel DC Dublin 1 (formerly known as Citadel 100 Data Centre) in Dublin, Ireland; the Milan Data Centre in Milan, Italy; and the Almere Data Centre in Almere, the Netherlands.