The Osaka data centre was purpose-built and completed in July 2021. It offers 19,900 kilowatts (kW) of critical IT load and is situated on sponsor Digital Realty’s Osaka connected data centre campus, servicing “a diverse community of leading hyperscale and technology companies”, according to a March 26 announcement.
Digital Core REIT has completed the acquisition of a 20% interest in a second fully-fitted freehold data centre in Osaka from Mitsubishi Corporation for JPY13 billion ($116 million). The acquisition is expected to be 1.8% accretive to Digital Core REIT’s distribution per unit (DPU) and is expected to increase aggregate leverage from 34.0% as at end-2024 to 37.3%.
The acquisition will increase Digital Core REIT’s annualised revenue contribution from Osaka from 7% as at end-2024 to 11% pro forma for the acquisition.
