Investor Presentaiton
Portfolio Overview (as at 31 Dec 2018) (Cont'd)
Europe
Attributable
Location Interest lettable area
No. of
clients¹
Occupancy
rate (%)
Valuation²
($m)
WALE
Lease type
Land lease title
(years)
(sq ft)
Cardiff Data Centre
Cardiff,
United
Kingdom
100%
79,439
1
100.0
65.4
Triple-net
(Shell & core)
12.5
Freehold
GV7 Data Centre
London,
United
Kingdom
100%
24,972
1
100.0
63.5
Triple-net
(Fully fitted)
8.1
Leasehold
(Expiring
28 Sep 2183)
Almere Data Centre
Almere,
Netherlands
100%
118,403
13
100.0
139.0
Double-net
(Fully fitted)
9.7
Freehold
Leasehold4
Keppel DC Dublin 1
Dublin,
Ireland
100%
68,118
17
61.1
76.7
Colocation
1.7
(Expiring
11 Apr 2041)
Keppel DC Dublin 2
Dublin,
Ireland
100%
25,127
4
90.7
104.8
Colocation
9.7
Leasehold
(Expiring
31 Dec 2997)
Milan Data Centre
Milan,
Italy
100%
165,389
1
100.0
57.3
Double-net
(Shell & core)
9.0
Freehold
maincubes Data
Centre
Offenbach
am Main,
Germany
100%
97,043
1
100.0
135.5
Triple-net
(Fully fitted)
14.3
Freehold
(1) Certain clients have signed more than one colocation arrangement using multiple entities.
(2) Portfolio AUM is based on respective independent valuations and respective ownership interests as at 31 Dec 2018.
(3) Keppel DC REIT, through its wholly-owned subsidiary has entered into the Ground Lease with Borchveste. With the Ground Lease in place, the lease with the underlying client becomes conceptually
similar to a sub-lease, with Borchveste being (i) the leasehold client of KDCR Almere B.V. and (ii) the lessor to the underlying client.
(4) On 14 Mar 2018, Keppel DC REIT entered into a contract to acquire the remainder of the 999-year (from 1 Jan 2000) leasehold land interest in Keppel DC Dublin 1. Legal completion of the acquisition is
expected in 1H 2020.
Keppel DC REIT
22
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