Keppel DC REIT, a Singaporean real estate investment trust company, intends to buy its first data centre in China (CHN), a fully-fitted facility in Guangdong province.

Located within the Bluesea Intelligence Valley Mega Data Centre Campus in the industrial city of Jiangmen, the seven-storey Guangdong Data Centre has a gross floor area of 20,595 square metres.

Keppel DC REIT will buy the asset, constructed in 2019, from Guangdong Bluesea Data Development Co Ltd and Guangdong Bluesea Mobile Development Co Ltd for 635.9 million Chinese yuan ($98 million).

The acquisition of Guangdong Data Centre is expected to be completed in the third quarter, which will give Keppel DC REIT a portfolio of 20 data centres across the Asia Pacific and Europe.