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Transactions - SEPTEMBER 7, 2021

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Keppel DC REIT acquires third data center in the Netherlands

by Released

Keppel DC REIT has acquired a 100 percent interest in a freehold property with two data center buildings in De Hurk, which is the largest business park in Eindhoven, the Netherlands, for €37.2 million ($44.1 million) from a fund affiliated with MCAP Global Finance (UK) LLP, the European subsidiary of New York headquartered Marathon Asset Management LP. The purchase price was arrived at on a willing-buyer and willing-seller basis, and legal completion has taken place.

The property, which is located at Dillenburgstraat 25A-25E, 25E1, 25F, 25G and 25J-25M, 5652 AM, will be named Eindhoven Campus. It is Keppel DC REIT’s third asset in the Netherlands, and further strengthens its foothold in this key data centre market in Europe.

Strategically located close to Eindhoven’s city center and international airport, the property is well connected to the Netherland’s motorway network. Comprising two shell and core data center buildings as well as a warehouse and an ancilla

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