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William Tay Capitaland

CapitaLand Ascendas REIT Buys Fifth UK Data Centre in Northwest London for $160M

William Tay Capitaland

2023/08/17 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT has completed the acquisition of a co-location data centre northwest of London for £125.1 million ($159.6 million), marking the Singapore-listed trust’s fifth server-hosting facility in the United Kingdom.

The purchase consideration took into account an agreed value… Read More>>

CapitaLand Ascendas REIT has completed the acquisition of a co-location data centre northwest of London for £125.1 … Read more>>>

Bain Buying Back Data Centre Operator Chindata with Sweetened $3.2B Deal

2023/08/14 by Beatrice Laforga Leave a Comment

Chindata Group Holdings announced Friday that it is set to go private after the company’s board agreed to a sweetened $3.16 billion from Bain Capital, ending a bidding war between the US private equity titan and state-backed China Merchants Capital.

… Read More>>

Chindata Group Holdings announced Friday that it is set to go private after the company’s board agreed to a sweetened … Read more>>>

Jennifer Weitzel GLP

GLP Breaks Ground on First Data Centre in Japan

Jennifer Weitzel GLP

2023/08/13 by Christopher Caillavet Leave a Comment

Industrial developer GLP has broken ground on its first data centre project in Japan, a 31-megawatt campus in western Tokyo.

The first of three buildings at the Tokyo West 1 complex is expected to enter service by February 2025 with… Read More>>

Industrial developer GLP has broken ground on its first data centre project in Japan, a 31-megawatt campus in western … Read more>>>

kwai chung brilliant cold storage tower 2

ESR Secures $205M Green Loan for Hong Kong Data Centre Project

kwai chung brilliant cold storage tower 2

2023/08/02 by Michael Cole Leave a Comment

Two years after buying an industrial asset in Hong Kong’s Kwai Chung district as its first major acquisition in the city, ESR has secured a HK$1.6 billion ($205 million) sustainability-linked loan to finance conversion of the former cold storage facility… Read More>>

Two years after buying an industrial asset in Hong Kong’s Kwai Chung district as its first major acquisition in the … Read more>>>

Arpit Agrawal Brookfield

Brookfield and Digital Realty Welcome Reliance Into India Data Centre JV

Arpit Agrawal Brookfield

2023/07/27 by Christopher Caillavet Leave a Comment

Asset management giant Brookfield and data centre trust Digital Realty have brought in Reliance Industries as a local partner in the pair’s existing joint venture to develop, own and operate data centres in India.

Reliance, the conglomerate controlled by billionaire… Read More>>

Asset management giant Brookfield and data centre trust Digital Realty have brought in Reliance Industries as a local … Read more>>>

Hwee Long Loh Keppel DC

Keppel DC REIT Reports Flat H1 DPU as Guangdong Data Centres Offset Higher Costs

Hwee Long Loh Keppel DC

2023/07/25 by Christopher Caillavet Leave a Comment

Keppel DC REIT’s first-half distribution per unit was nearly flat compared with year-earlier levels, as the Singapore-listed data centre trust reported higher income but steeper finance and electricity costs.

DPU stood at S$0.05051 for the first six months of the… Read More>>

Keppel DC REIT’s first-half distribution per unit was nearly flat compared with year-earlier levels, as the … Read more>>>

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>>>

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Tom Gaffney

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