Keppel Data Centers + Alpha Data Center Fund to Build Greenfield Data Center in Malaysia
SINGAPORE — The Alpha Data Center Fund and Keppel Data Centers Holding (also known as Keppel Data Centers) have joined forces to develop and operate their first high-availability, build-to-suit greenfield data center in Malaysia, to be located in the municipality of Johor. However, the deal’s customer has not yet been revealed, only referred to in the official joint press release as “a leading technology company.” However, the customer is expected to fully occupy the data center when it becomes operational in 2020.
The data center facility will be built in an industrial park. Johor which has been earmarked to be a data and research hub within wider Malaysia. The data center will be comprised of approximately 261,000 square feet of land and feature minimum Tier III equivalent specifications for concurrent maintainability, spread over 100,495 square feet of gross floor area.
“Enterprises have been moving to rationalize their ageing data center infrastructure, including moving many workload requirements to the cloud,” remarked Mr. Wong Wai Meng, Chief Executive Officer of Keppel Data Centers in the press release. ” In response, major cloud service providers and technology companies are expanding rapidly outside of top tier data center markets to cater to this demand. Our customers in these segments recognize the value that Keppel Data Centers brings to the table when planning future IT workloads and data center deployments. We are proud to be partners enabling our customers’ regional expansion requirements.”
Mr Alvin Mah, CEO of Alpha Investment Partners, the manager of the Alpha DC Fund, added, “Demand for data centers has been increasing with the expansion of the digital economy and the Alpha DC Fund is pleased to be able to capitalize on such growth in the Asia-Pacific region for its investments. The addition of this greenfield investment provides diversification to the fund’s existing portfolio.”
About Keppel Telecommunications & Transportation Ltd: Keppel Telecommunications & Transportation Ltd (Keppel T&T), is a subsidiary of Keppel Corporation Limited, a leading company listed on the Main Board of the SGX-ST with core businesses in offshore and marine, property, infrastructure and investments. Keppel T&T is also listed on the Main Board of SGX-ST with logistics and data center operations in Europe and Asia-Pacific. In Singapore, wholly owned subsidiary Keppel Logistics has more than 40 years of experience in offering customized integrated logistics solutions. It currently also operates logistics facilities in China, Hong Kong, Malaysia, Indonesia, Vietnam and Australia.
About Alpha Investment Partners: Alpha Investment Partners (Alpha) is a wholly-owned subsidiary of Keppel Capital, a premier asset manager in Asia and the asset management arm of Keppel Corporation Limited. Alpha has been adding value for investors by constantly seeking innovative solutions throughout its investment process since 2004. A manager of both private and public real estate funds, Alpha has an institutional investor base comprising renowned pension plans, financial institutions, fund of funds, insurance companies, endowments and family offices spanning Europe, North America, Asia and the Middle East.