Going Dutch: Digital Realty Partners With KPN in Netherlands
July 24th, 2013 By: Rich Miller
It’s been a busy week in the Netherlands for Digital Realty Trust. Just a day after announcing a new project in Amsterdam, the data center developer said it will partner Dutch telecom provider KPN to build a data center in Groningen.
KPN has signed a long-term, triple net lease with Digital Realty for an existing data center in a 7,000 square foot building at the site, which has a potential power capacity of 3.5 megawatts of critical load.
“The Netherlands is a strategically important market for our European customers as they seek to implement robust data centre solutions in order to facilitate business growth,” said Michael Foust, Chief Executive Officer of Digital Realty. ”We are delighted to support KPN in this mission critical project and we look forward to supporting their future data centre needs. Furthermore, the deal demonstrates our ability to collaborate to provide the robust backbone that organisations today rely on to deliver flawless IT services. We are delighted to welcome KPN to our portfolio.”
“This transaction underscores our ability to complete a highly structured transaction that enables our customer to provide solutions in its controlled data centre real estate assets with a well-capitalised, long-term data centre owner,” said Bernard Geoghegan, Managing Director, EMEA for Digital Realty. “This deal continues our strategy of expanding our European footprint by investing in high-quality data centre facilities that are home to top-tier global brands.”
In data center circles, Groningen is known as the location for an early European data center for Google.