PCCW Global has entered into a long-term collaboration with Keppel Data Centres Holding to co-develop and market an international carrier exchange in Hong Kong. The 1000 square meter facility will be fitted out to Tier III specifications with 2N power redundancy to ensure service availability of up to 99.982%.
Your Industry News — Keppel Telecommunications & Transportation Ltd (Keppel T&T) through Keppel Data Centres Holding Pte Ltd, has entered into a long-term collaboration agreement1 with PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider.
Fool — Keppel DC REIT (SGX: ABJU) released its fiscal first-quarter earnings report yesterday evening. The reporting period was from 1 January 2016 to 31 March 2016. The real estate investment trust (REIT) had its initial public offering (IPO) in 2014, so it can be considered a relatively new kid on the block. Keppel DC REIT currently has nine data center properties spread out across six countries in Asia Pacific and Europe.
Telecom Asia — Keppel Data Centres Holdings, a subsidiary of Keppel T&T, has selected Epsilon, a privately owned global communications service provider, to deliver local access networks in Singapore. The deal also allows Keppel to offer IP Transit services and global connectivity. The company said it will be able to support the networking needs of its customers using Epsilon’s flexible network Infrastructure as a Service (network IaaS) offering, enabling them to scale their cloud services globally.
Asia One — Singapore: THE trend of data centre Reits (real estate investment trusts) hasn’t really kicked off in Asia, but it would be “inevitable” in the long term, a senior executive from Digital Realty (DRL), the first data centre Reit to ever list globally, believes.
Singapore Business —- Keppel DC REIT (KDCREIT) is poised to enjoy the proliferation of big data and cloud computing trends in Asia, according to a report by OCBC. “Being the first data centre REIT to be listed in Asia, KDCREIT offers investors a unique pure-play exposure to this fast growing industry, in our view,” stated OCBC.
Macquarie Telecom has entered an agreement to sell the land and shell of its Sydney-based Intellicentre 2 data centre for $43.3 million to Singaporean Keppel Group. The 17-23 Talavera Road, North Ryde facility – MacTel’s second in Sydney – officially opened in September 2012. At the time, the $60 million eight-megawatt centre offfered 2000 square metres of technical floor space over two data halls, with capacity to expand to 6000 square metres. News Limited was an anchor tenant.
2015 is the first year that Keppel Telecom & Transport Ltd (SGX: K11) will be reporting its financial results after the spinoff of some of its data centre assetsinto Keppel DC REIT (SGX: AJBU) last December. And yesterday, Keppel T&T handed in its fiscal first quarter report card for the three months ended 31 March 2015. The company’s revenue for the quarter saw a 1.6% drop to S$47.9 million when pitted against the same quarter a year ago.
53,763,000 units are offered to the public. With a market capitalisation at listing of approximately S$821.1 million, Keppel DC REIT will be the first data centre real estate investment trust (“REIT”) to be listed in Asia, making it a milestone listing on the SGX-ST. According to a media release by Keppel, as the first data centre REIT listed in Asia, Keppel DC REIT will give investors a unique opportunity to invest, through the IPO Portfolio, in the rising demand for data centres,,,
SINGAPORE – The initial public offer (IPO) of Keppel DC Reit was launched on Friday. It is Asia’s first Reit with a portfolio focusing on data centres. The IPO was launched amid strong market anticipation that its eight data centres in Singapore, Malaysia, Australia, the UK, Ireland and the Netherlands will ride the global growth in demand for specialised facilities to host cloud computing and e-commerce services.
The first real estate investment trust comprising data centres will be listed here next month and promises to be one of the largest and most highly anticipated initial public offerings of the year. Keppel Telecommunications and Transportation (Keppel T&T) aims to list Keppel DC Reit on Dec 12 once it has won shareholder backing at an extraordinary general meeting on Nov 25. The offering is estimated at $811 million, according to a circular released yesterday to the bourse.
The first real estate trust comprising data centres will be listed here next month, promising to be one of the largest and most highly-anticipated initial public offerings (IPOs) of the year. Keppel Telecommunications and Transportation (Keppel T&T) aims to list Keppel DC Reit on Dec 12 once it has won shareholder backing at an extraordinary general meeting on Nov 25. The offering is estimated at $811 million, according to a circular released to the bourse yesterday.
SINGAPORE: Keppel Telecommunications & Transportation (Keppel T&T) is planning to list Keppel DC REIT on the Mainboard of the Singapore Exchange (SGX). Keppel T&T Chief Executive Officer Thomas Pang said on Monday (Nov 10): “There has been a surge in demand for data centres, driven by a growth in e-commerce, cloud computing, and big data. “Increasingly, these new generation data centres are also required to adhere to high environmental and security standards, areas which require significant knowledge and investment.”