16 Oct Divestment of Dataplex B10
Dataplex B10 is a 77,000 sq/ft former industrial plating factory, with office facilities, acquired by Chirisa in 2013.
Chirisa redeveloped the facility into a 10MW cutting edge wholesale data center facility, achieved 90% occupancy by the end of 2017, attracting occupiers such as Microsoft, Facebook and Vodafone. It was divested to by Keppel DC REIT, a dedicated Singaporean Data Centre fund.
About Chirisa Capital Management
Chirisa is a private investment firm which identifies and develops distinctive opportunities for its investors and companies. Our origins are in telecoms and technological entrepreneurship, and that entrepreneurial spirit remains at the heart of our investment approach. Our strategy is focused on acquisition of large-scale sub-optimized data center and office properties.
We have a unique competitive advantage in being able to maximize value from properties which involve a combination of office, industrial and data center development opportunities, while moving swiftly acting on our own account, with in-house expertise, and deploying our own capital. Our major recent transactions include