Keppel DC REIT has acquired 100 per cent of freehold property with two data centre buildings in De Hurk business park in Eindhoven, the Netherlands. Keppel bought the facilities for €37.2 million from a fund affiliated with MCAP Global Finance (UK) LLP, the European subsidiary of New York-headquartered Marathon Asset Management LP.
The property, which is located at Dillenburgstraat, will be named Eindhoven Campus. The site has 83,841 square feet of lettable space and is fully leased to a global leading IT services provider.
“Being one of the top four data centre markets in Europe and the eighth largest data centre market globally, the Netherlands is a strategic market for Keppel DC REIT,” Anthea Lee, CEO of Keppel DC REIT, said. “We are pleased to be able to add to our portfolio a quality and green data centre located in the key technology hub of Eindhoven.”
