Digital Realty Trust has acquired a three-property data centre portfolio in the Paris area from Bouygues Telecom, France's third largest telecommunications operator, for EUR 60.0 million. The portfolio consists of one Tier III+ facility at Montigny-le-Bretonneux and two Tier III facilities in Bievres and Saclay. The properties total approximately 87,000 rentable square feet, with nearly five megawatts of IT capacity.
The deal includes a sale-leaseback arrangement under which Bouygues Telecom will maintain a long-term presence in the facilities, which host its core infrastructure assets.
"The acquisition of this institutional-quality portfolio further expands our footprint in this key European market and, equally important, adds a new network and IT service provider to our global customer base," said Michael F. Foust, Chief Executive Officer of Digital Realty.