Investor Presentaiton
Maiden Data Centre Acquisition into China
Guangdong Data Centre
Description
•
7-storey data centre designed in accordance with the
Code for Design of Data Centre Grade A GB1
1 of 6 data centres buildings to be completed in the Bluesea
Intelligence Valley Mega Data Centre Campus
Guangdong Data Centre is located
within the Greater Bay Area, which
includes Guangzhou, one of China's
most vibrant economic regions
Key highlights
Lettable Area
Land Tenure
Purchase
Consideration
•
.
Sale and leaseback on a triple net basis² for 15 years
Purchase Consideration represents 7.8% discount to
the independent market valuation³
Right of first refusal to acquire remaining 5 data centres
to be developed within the campus
20,595 sm (221,689 sq ft)
Leasehold with approx. 46 years remaining
RMB 635.9m (approx. S$132.0m4)
1.
Grade A is the highest standard for data centres in the People's Republic of China ("PRC").
Keppel DC REIT
2.
3.
With the exception of applicable real estate tax which the lessee shall bear up to a certain threshold.
Based on the valuation by Savills Valuation and Professional Services (S) Pte Ltd, an independent valuation firm appointed by the trustee of Keppel DC REIT, the market value of the
property was RMB 690.0 million (approximately S$143.2 million) as at 1 Jul 2021.
4.
Based on an exchange rate of RMB 1.00:S$0.2076 as at 30 Jun 2021.
5
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