Keppel DC REIT buys second data centre in Germany for $125.3m

Submitted By:  Staff Reporter Case Study:  No This marks the company’s eighth data centre in Europe. Keppel DC REIT has entered into a sale and purchase agreement with Maena KG for the acquisition of 100% freehold interest in a shell and core purpose-built data centre facility in Kelsterbach, Germany for $125.3m, according to an announcement. This will be Keppel's second data centre in Germany and its eighth in Europe. Situated near the Frankfurt Airport, the data centre has a total lettable area of approximately 540,869 sqft, and fully leased on a triple-net basis until the end of 2025. read more