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Published Wed, Oct 28, 2015 · 09:50 PM

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Keppel DC Reit

KEPPEL DC Reit is expanding its footprint to Germany with the acquisition of mainCubes Data Centre (DC), which will be fitted out to Tier III specifications, for 84 million euros (S$130 million) from mainCubes One Immobilien GmbH & Co.

Ten per cent of the sum will be paid upon contract signing, while the remainder will be paid upon completion of the data centre. mainCubes DC is situated on freehold land and located within the Offenbach am Main data centre hub, about 10 km away from Frankfurt. The four-storey data centre will have a total lettable area of approximately 11,780 sq m and is expected to be completed in 2018.

Keppel DC Reitcitic envirotechsecond chance properties

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