Investor Presentaiton
Completed Phase 2 of Fit Out Works for
Osaka Data Centre
1
Description
IT Capacity
>10MW
Uptime Tier Equivalent²
Tier III+
Occupancy Rate³
100%
Tenant
Established
Data Centre Operator
WALE4
18.9 years
mapletree
industrial
Completed Phase 2 of fit out works for Osaka Data Centre on 9 Feb 2024
for JPY5.2 billion¹
High-quality, multi-storey fully-
fitted Data Centre in downtown
Osaka
Net lettable area of about
136,900 sq ft
Net lease structure with
minimal landlord operational
obligations
× Completed acquisition of
Osaka Data Centre and
Phase 1 of fit out works on
28 Sep 2023
Phase 3 and 4 of fit out works
to be completed progressively
by May 2025
Japan
3rd largest data centre market in APAC5
Osaka
Tokyo
Data centre locations
The purchase consideration for the Osaka Data Centre is JPY52.0 billion. MIT has acquired an effective interest of 98.47% in the Osaka Data Centre while the remaining 1.53%
was held by its Sponsor, MIPL. Phase 2 of fit out works represented about 10% of the purchase consideration of the Osaka Data Centre. To date, MIT has paid 80% of the
purchase consideration of the Osaka Data Centre.
2 With reference to Uptime Institute's Tier Classification System.
3 100% committed occupancy by the same tenant has been secured for the Osaka Data Centre, including all four phases of fit out works.
4
By gross rental income as at 31 Dec 2023.
5
Source: DC Byte, Japan Data Centre Market Report, 2023.
17View entire presentation