Real Estate Marketing & Beyond
In news from Singapore, Digital Realty Trust, Inc. (DLR), a global provider of data centre solutions, along with Savvis, a CenturyLink IT and Cloud solution company (CTL) have announced a joint venture, acquiring a 164,000-square-foot (15,236-square-meter) facility in Hong Kong. The deal highlights Digital Realty's entrance to the Hong Kong market, building on Savvis' existing presence.
Michael F. Foust, CEO of Digital Realty, commented on the move; "We are very pleased to complete the acquisition of our first Hong Kong property with Savvis, our joint venture partner. We look forward to redeveloping the facility to provide enterprise-quality data centre space to this important global market." The new data center, located at Tseung Kwan O Industrial Estate in New Territories, is about 12 miles outside downtown Hong Kong. According to the news, the facility is capable of handling on the order of 5.76 megawatts of IT load capacity overall. Mark Smith, managing director, Asia, for Savvis, added this:
"The completion of this acquisition with Digital Realty helps us further address demand for managed services, colocation and cloud solutions in the high-growth Hong Kong market. Through this joint venture, Savvis will utilize capacity within the facility to provide our customers with network, managed IT and cloud services."
Digital Realty's so called Turn-Key Flex data centre, uses a modular approach for solving secure, enterprise quality data space. Designed for flexibility, reliability and efficiency, the Turn-Key Flex facility has its own dedicated electrical and mechanical infrastructure.
Digital Realty Trust, Inc. is focused on customer driven data centre solutions, while Savvis, a CenturyLink company, is a global leader in cloud infrastructure and hosted IT solutions.
