CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, has announced the acquisition of 15.5 acres of land from Schiphol Area Development company N.V. (“SADC”), a developer of high-quality business parks in the Amsterdam metropolitan area, for the development of a new data center campus in PolanenPark, the company said.
CyrusOne will develop up to 360,000 square ft with an estimated 72 MW of power capacity on the site. The land is located on SADC´s PolanenPark campus, approximately 10 miles west of central Amsterdam.
CyrusOne is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including more than 200 Fortune 1000 companies.
SADC develops high quality, accessible, (inter)nationally competitive business locations in the Amsterdam Metropolitan Area. SADC was established in 1987 by public and private sector parties eager to utilize the economic potential of the city and airport by joining forces and hence to strengthen the region´s competitive position both domestically and internationally. PolanenPark is a development of SADC municipality of Haarlemmermeer, Province of Noord-Holland and RON.