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Keppel unit buys Dutch data centre

Friday, November 21, 2014 - 09:00

Citadel 100 Data Centre in Dublin, one of the Keppel DC Reit's properties. The property is managed by Keppel DC Reit Management, a wholly-owned unit of Keppel Telecommunications and Transportation (Keppel T&T). A Keppel-related joint venture has bought a data centre in Almere in the Netherlands.

A KEPPEL-RELATED joint venture has bought a data centre in Almere in the Netherlands.

"New acquisition will add more than 5,000 square metres of data centre space to meet growing demand for high-quality data centres in Europe," a Keppel T&T press release on Friday morning said.

Keppel Data Centres Holding, a joint venture between logistics and data centre company Keppel Telecommunications & Transportation (Keppel T&T) and developer Keppel Land, said on Friday morning that its wholly-owned subsidiary has bought the Almere Data Centre 2 from the Reggeborgh Group and VolkerWessels Group.

Called Almere Data Centre 2, the data centre is on freehold land that is 40 minutes away from the Netherlands capital Amsterdam.

Keppel T&T closed Thursday trading at S$1.785, down a cent. Keppel Land closed at S$3.29, down 2 cents.

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