An artist rendering of Digital Realty's new data center in Singapore's International Business Park
(WEB HOST INDUSTRY REVIEW) — Data center operator Digital Realty Trust (www.digitalrealtytrust.com) announced on Thursday it will acquire a new 370,500 square foot data center facility located in Singapore’s International Business Park in the Jurong East area.
The seven-story facility delivers up to 30MW of 2N UPS capacity and a design that enables it to support both dedicated and shared customer environments.
Located at 29A International Business Park on the western portion of the island, the building offers over 4.5MW of IT load on each of its six data center floors. The entire site supported by an N+2 continuous cooling architecture.
Expected to close on November 22, the acquisition will see a $131 million for Digital Realty.
“Singapore is one of Asia Pacific’s leading financial and business centers, where many of our customers are looking to deploy their critical business applications,” says Michael Foust, CEO of Digital Realty Trust. “With limited enterprise quality data center supply in the market, this newly constructed, flagship facility will enable our customers to deliver their critical IT applications in a flexible, reliable and cost effective data center facility. This new Digital Realty Trust wholesale data center will deliver substantial flexibility for customers, including corporate enterprise, colocation, and IT service providers, enabling them to maintain their applications using their own personnel and procedures. We expect the facility to be ready for customer occupancy beginning in the second quarter of 2011.”
The acquisition marks the company’s first forray into the Asia-Pacific region, an area that is becoming quite popular in the hosting sector.
The new facility will certainly capitalize on this demand as Web hosts lease the 370,500 square feet of data center space.
Earlier this month, Digital Realty announced it was specifically looking at sites in Singapore, Australia and Hong Kong for its expansion plans in the region.
According to Tier1 Research senior data center analyst Jason Schafer, Singapore is well positioned to serve as the data center hub of the Asia Pacific region, with “demand to outstrip supply of usable data center capacity in the Singapore market by an average of 11 percent per year for the foreseeable future.”
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