DALLAS - (BUSINESS WIRE) - the world's leading real estate investment trust (REIT) CyrusOne Inc. (NASDAQ: CONE) announced that in the first phase of its latest data center in Frankfurt, Germany has been started.
This facility is CyrusOne in Suosenhaimu district of Frankfurt (Sossenheim) a third data center to provide customized, secure and resilient data center solutions for cloud providers, system integrators and multinationals in the central business hub.
Is expected to be completed during the second quarter of 2020, the site will include two adjacent four-storey building to provide 22 megawatts of IT power to 11,500 square meters of world-class technology space. Indirect insulative air cooling techniques will ensure that each data hall low power usage effectiveness (PUE).
President CyrusOne Tesh Durvasula Europe, said: "As one of Frankfurt and its own economic strength near Europe's most important financial centers, it has become one of the fastest growing and most CyrusOne strategic importance of this will mark our place in Frankfurt. the third expansion at the facility, I expected to be completed next year when we will effectively complete the pre-commitment. "
"We found that the United States has a huge demand for ultra-large-scale users in Europe, and is growing at a significant pace. This development as well as our other expansion in Dublin, Amsterdam and Europe underscores our efforts to become Europe's only ultra-large-scale data center provider ambitions. I expect our European companies will account for about 20% CyrusOne total revenue within two years. "
Rapid construction schedule for the third data center in Frankfurt thanks to CyrusOne broad experience accumulated over 45 data centers in the world. CyrusOne uses a modular construction method will work closely with Mercury and Klein Architekten and other important partners.
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About CyrusOne
CyrusOne (NASDAQ: CONE) is focused on highly reliable enterprise-class, carrier-neutral data center real estate high-growth real estate investment trust (REIT). The company provides about 1,000 customers mission-critical data center facilities to protect and ensure the continued operation of information technology infrastructure, including more than 210 Fortune 1000 companies.
CyrusOne has a good track record in meeting and exceeding large scale cloud providers to quickly enter the market demand and expanding IT infrastructure needs of enterprises offered in terms of flexibility, reliability, security and connectivity business growth. CyrusOne customer service center to provide customized platform, committed to full transparency in over 45 data centers worldwide communication, management and service delivery aspects. For more information about the CyrusOne