>

International

Keppel DC REIT acquires third data centre in the Netherlands

By

Timothy Tay

/ EdgeProp Singapore

|

September 7, 2021 7:01 PM SGT

The property consists of two shell and core data centres, a warehouse, and an ancillary office building. (Picture: Keppel DC REIT)

Join our Telegram channel and follow our Facebook for the latest update.

SINGAPORE (EDGEPROP) - Keppel DC REIT has acquired a freehold property comprising two data centre buildings in De Hurk, a business park in Eindhoven in the Netherlands. The REIT paid EUR37.2 million ($59.9 million) for the properties and the seller was a fund affiliated with MCAP Global Finance (UK).

Based on an independent valuation by CBRE Valuation & Advisory Services, the market value of the property was set as EUR35.4 million.

The property will be named Eindhoven Campus and it is Keppel DC REIT’s third data centre asset in the Netherlands. The data centres are close to Eindhoven’s city centre and international airport. The property consists of two shell and core data centre buildings as well as a warehouse and an ancillary office building. It is fully leased to a global leading IT services provider.

“With this acquisition, we also diversify our portfolio base with the addition of a well-established data centre client and we look forward to establish strong ties with this client,” says Anthea Lee, CEO of Keppel DC REIT Management, the manager of the REIT.

Tags:

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Savills: Private residential rents at highest levels in 24 years

2

Four-bedder at Nassim 9 sold for $4.4 mil profit

3

Savills: High-spec industrial rents at the highest point since 2012

4

[UPDATE] Tenet EC to preview on Nov 12, at prices starting from $1.098 mil

5

Stand-off between buyers and sellers in big-ticket property investment deals

Follow Us On

Our Sites

Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.

Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.

Web Version 3.0.3

Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.

On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.

Keppel DC REIT acquires third data centre in the Netherlands

Related Articles