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Singapore Picks MS, Equinix, GDS and Airtrunk-Bytedance JV for Data Centre Permits

2023/07/16 by Beatrice Laforga Leave a Comment

Singapore is working with both east and west as it said on Friday that Equinix, Microsoft, GDS Holdings and a tie-up between AirTrunk and ByteDance have won rights to develop new data centre projects as the city-state ends a four… Read More>>

Singapore is working with both east and west as it said on Friday that Equinix, Microsoft, GDS Holdings and a tie-up … Read more>>>

chindata data centre ChinaNorth W01

Chindata Takeover Battle Looms as Bain Refuses to Sell Shares Under CMC Offer

chindata data centre ChinaNorth W01

2023/07/15 by Christopher Caillavet Leave a Comment

Chindata Group Holdings on Thursday acknowledged the receipt of two rival privatisation proposals from Bain Capital and state-backed China Merchants Capital, with Bain having reiterated that it doesn’t plan to sell any of its shares in the Beijing-based data centre… Read More>>

Chindata Group Holdings on Thursday acknowledged the receipt of two rival privatisation proposals from Bain Capital and … Read more>>>

chindata data centre ChinaNorth W01

Chindata Draws $3.4B Rival Bid From China Merchants After Bain Offer

chindata data centre ChinaNorth W01

2023/07/10 by Christopher Caillavet Leave a Comment

A little over a month after hearing a takeover offer from Bain Capital, Chindata Group Holdings has received a rival proposal from state-backed China Merchants Capital representing a 15 percent premium to Bain’s privatisation bid.

CMC is making a non-binding… Read More>>

A little over a month after hearing a takeover offer from Bain Capital, Chindata Group Holdings has received a rival … Read more>>>

Lionel Yeo STT GDC

ST Telemedia Launches First Indonesia Data Centre at 72MW West Java Campus

Lionel Yeo STT GDC

2023/06/28 by Christopher Caillavet Leave a Comment

The data centre unit of Singaporean tech firm ST Telemedia has launched its first facility in Indonesia as part of a campus that will ultimately support up to 72 megawatts of critical IT capacity.

STT Jakarta 1 in West Java’s… Read More>>

The data centre unit of Singaporean tech firm ST Telemedia has launched its first facility in Indonesia as part of a … Read more>>>

Oliver Jones

Chayora Founders Launch Developing Market Data Centre Platform

Oliver Jones

2023/06/13 by Christopher Caillavet Leave a Comment

The co-founders of Chayora Holdings have stepped back from full-time executive roles at the China-focused data centre developer to launch their own investment platform for digital infrastructure.

Hong Kong-based Oliver Jones and Jonathan Berney created Accelerated Infrastructure Capital to provide… Read More>>

The co-founders of Chayora Holdings have stepped back from full-time executive roles at the China-focused data centre … Read more>>>

Chindata CEO Huapeng Wu

Bain Bids to Take Chindata Private at 33% Premium

Chindata CEO Huapeng Wu

2023/06/08 by Christopher Caillavet Leave a Comment

Chindata Group Holdings has received a takeover offer from chief backer Bain Capital that values the Beijing-based data centre operator at around $2.9 billion.

US private equity major Bain, which holds 42.17 percent of the total issued and outstanding share… Read More>>

Chindata Group Holdings has received a takeover offer from chief backer Bain Capital that values the Beijing-based data … Read more>>>

Anthea Lee Keppel

Anthea Lee Exiting Keppel DC REIT as Manager Names Loh Hwee Long New CEO

Anthea Lee Keppel

2023/06/01 by Christopher Caillavet Leave a Comment

The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.

Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>

The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre … Read more>>>

Tham Kuo Wei of Mapletree

Mapletree Industrial Trust Enters Japan With $370M Osaka Data Centre Buy

Tham Kuo Wei of Mapletree

2023/05/25 by Christopher Caillavet Leave a Comment

Singapore’s Mapletree Industrial Trust plans to acquire a 10-megawatt data centre in downtown Osaka for JPY 52 billion ($370 million), marking the Temasek-backed REIT’s first investment in Japan.

SGX-listed MIT will acquire an effective interest of 98.47 percent in the… Read More>>

Singapore’s Mapletree Industrial Trust plans to acquire a 10-megawatt data centre in downtown Osaka for JPY 52 billion … Read more>>>

Stephen Schwarzma of Blackstone

Blackstone’s Lumina CloudInfra Breaks Ground on India Data Centre

Stephen Schwarzma of Blackstone

2023/05/24 by Christopher Caillavet Leave a Comment

Blackstone’s Lumina CloudInfra has begun construction of its first hyperscale data centre campus in India, with the project expected to exceed 60 megawatts of critical IT load.

Lumina said Wednesday that it expected the first phase of the maiden development… Read More>>

Blackstone's Lumina CloudInfra has begun construction of its first hyperscale data centre campus in India, with the … Read more>>>

Rangu Salgame, Chairman & CEO, Princeton Digital Group

Princeton Digital Group Buys Site for 150MW Malaysia Data Centre Campus

Rangu Salgame, Chairman & CEO, Princeton Digital Group

2023/05/22 by Christopher Caillavet Leave a Comment

Princeton Digital Group has struck a deal to acquire 31 acres (12.5 hectares) of land in Malaysia’s southern Johor state, across the border from Singapore, to develop a 150-megawatt data centre campus.

Warburg Pincus-backed PDG on Monday entered a definitive… Read More>>

Princeton Digital Group has struck a deal to acquire 31 acres (12.5 hectares) of land in Malaysia’s southern Johor … Read more>>>

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