Securus Data Property Fund has completed the acquisition of an 80% stake in a data centre located in Selangor. Securus Fund is jointly managed by Keppel Data Centre Investment Managementa wholly-owned subsidiary of Keppel Telecommunications & Transportation and AEP Investment Management.
The data centre is a freehold facility located in Cyberjaya. Mr Bruno Lopez, Executive Director of Keppel DCIM and co-fund Manager of Securus Fund, said: "Malaysia is one of the fastest growing economies in ASEAN. With the data centre industry earmarked as one of the growth drivers for the Malaysian economy in the government's Economic Transformation Programme, we believe that acquiring the data centre at Cyberjaya will position Securus Fund to benefit from this growth."
Source: Today Online