Mitsui Fudosan will develop the core and shell of the data centre, while KDCF II will undertake the fit-out works by leveraging the operating and technical know-how of Keppel’s operating division, Keppel Data Centre & Networks (Keppel DC&N). KDCF II will also appoint Keppel DC&N as the facility manager of the data centre in Western Tokyo, when the construction is completed.
On March 11, Keppel announced it signed an MOU with Mitsui Fudosan to “to jointly explore data centre development and investment opportunities in Japan and Southeast Asia". Keppel also announced that Keppel Data Centre Fund II (KDCF II), the second data centre private fund managed by Keppel, has in place a framework agreement with Mitsui Fudosan for the proposed forward purchase of a data centre, that is currently under development, in Western Tokyo. When completed, this will mark Keppel’s first data centre project in Japan.
Under the framework agreement, KDCF II will work exclusively with Mitsui Fudosan on the acquisition of the freehold purpose-built data centre, that has a planned gross floor area of more than 300,000 sq ft (approximately 27,871 sqm). The data centre is expected to be “ready for service” in 2027.
