Asia real estate and outbound investment news
Iron Mountain has acquired 100 percent ownership of joint venture partner Web Werks, giving the US records storage giant complete control over the Mumbai-based company’s 14-megawatt portfolio of six data centres in India.
Web Werks Data Centers India was rebranded… Read More>>
Digital Realty has formed a 50:50 joint venture with Singapore’s Bersama Digital Infrastructure Asia to develop and operate data centres across Indonesia, marking the US giant’s entry into Southeast Asia’s biggest economy.
The JV took over two Jakarta facilities held… Read More>>
The government of Thailand on Monday approved three data centre projects representing a total investment of THB 90.9 billion ($2.7 billion) as the kingdom continues to attract digital infrastructure players.
The trio of facilities by three different operators will have… Read More>>
An asset management arm of trading giant Mitsui & Co plans to acquire a 50 percent stake in a hyperscale data centre in Greater Tokyo for JPY 18 billion ($120 million).
The 20-megawatt operational facility in Kanagawa prefecture is a… Read More>>
Shanghai-based data centre firm GDS Holdings has agreed to sell some of its server-hosting facilities into a private REIT to be majority-owned by state-backed insurance giant China Life, with GDS expecting to net RMB 1.2 billion ($170 million) from the… Read More>>
Optimism in data centres continues into 2025, with 68 percent of senior management and C-Suite professionals in the sector expressing confidence. Business is growing, and new markets are emerging, driving confidence in the sector to an all-time high. However, rapid… Read More>>
Asia Pacific’s co-location data centre pipeline will require more than $116 billion in funding for construction over the next five to seven years as demand for the sector grows, according to Cushman & Wakefield.
The pipeline, which excludes hyperscale projects,… Read More>>
Alibaba Group plans to invest more than RMB 380 billion ( $53 billion) to develop its cloud computing and artificial intelligence infrastructure over the next three years, marking the largest such commitment ever by a Chinese private company.
The Chinese… Read More>>
ST Telemedia Global Data Centres has begun building the first data centre at the Singapore-based firm’s campus in Malaysia’s Johor state, with the 16-megawatt facility scheduled to be fully operational by the end of 2026.
The STT Johor campus spans… Read More>>
Just over one month after closing on $1.6 billion in financing to expand its Asia footprint, regional data centre operator and investor Digital Edge has named John Freeman as its next chief executive officer, as its current CEO, Samuel Lee,… Read More>>
