Keppel unit to develop data centre in Australia

It bought a 3,840 sqm plot of land adjacent to its existing Gore Hill data centre.

Keppel Capital’s Alpha Data Centre Fund (Alpha DC Fund) has acquired a 3,840 sqm plot of freehold land in Gore Hill Technology Park which it plans to develop into a data centre in Sydney, Australia, an announcement revealed.

Called Keppel DC Sydney 1 (KDC SY 1), the greenfield data centre will be strategically located adjacent to Gore Hill Data Centre, an existing data centre in Keppel DC REIT's portfolio. Construction of the facility will take place over three phases with Phase I shell and core, as well as initial fit-out set to be completed by the first half of 2021.

When fully completed, the data centre will feature approximately 57,000 sqft of Gross Floor Area (GFA) built to Tier III equivalent specifications. Keppel Data Centres will be appointed project manager for the construction of the data centre and following its completion, be responsible for its operations.

iseek-KDC Services Pty Ltd (iseek-KDC), a 60:40 JV between Keppel Data Centres and local partner iseek, will be appointed facility manager for the data centre. iseek-KDC has been providing facility management services since 2012 to Keppel DC REIT's Gore Hill Data Centre.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Manulife US REIT profit hits $7.9m in Q3
Distributable income for the quarter rose 30.3% to $7.7m from $5.9m. 
Commercial Property
Gov't mulls mandatory COE-free car price disclosures
LTA will also review whether to further reduce bidding fees for individual buyers.
Singapore manufacturing PMI eases to 51.4 in October
Slower growth in new orders, factory output, and employment drove the moderation.