Macquarie (MKIF) Acquires Hanam Data Centre in South Korea

August 6, 2024

Macquarie Asset Management, via the listed Macquarie Korea Infrastructure Fund (MKIF), has agreed to acquire the Hanam Data Centre (Hanam IDC) in the Greater Seoul Area. The agreed sale price is KRW734 billion (≈US$530m), with a total transaction size of KRW918 billion (≈US$663m) including transaction costs and remaining MEP works; LG CNS has pre-leased the entire facility and committed to ~99% of the target IT load.

Buyers
Macquarie Korea Infrastructure Fund (MKIF) / Macquarie Asset Management
Targets
Hanam Data Centre (Hanam IDC)
Location
Gyeonggi Province, South Korea
Transaction Type
Buyout

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