Asia real estate and outbound investment news
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>>
A data centre unit of Microsoft has agreed to buy its fourth land plot in Malaysia’s Johor state in less than a year under a MYR 119.8 million ($27.3 million) deal with local developer Crescendo Corporation.
Located in Johor Bahru’s… Read More>>
The data centre developer’s Johor Bahru project will occupy a 10.8 hectare (26.7 acre) and will include two facilities spanning 1 million square feet (92,903 square metres) when complete. Stack is designing the campus to support artificial intelligence and machine… Read More>>
Malaysia secured MYR 141.7 billion ($31.6 billion) in digital infrastructure investments in the first 10 months of 2024 to solidify its standing as Southeast Asia’s top data centre hub, according to Knight Frank.
The result more than tripled the MYR… Read More>>
Bain Capital-backed Bridge Data Centres announced this past week that it has appointed the former head of a Malaysian government agency established to promote development of the tech industry to help lead the company’s business in the Southeast Asian nation.
Bridge Data Centres has secured 400 megawatts of electricity under an agreement with Malaysia state electric company TNB, which will provide power for the Bain Capital-backed operator’s latest facility in Johor.
Dubbed MY07, the under-construction project in Johor’s Ulu Tiram… Read More>>
Two months after breaking ground on Google’s first data centre in Malaysia, Sime Darby Property has announced a fresh build-and-lease agreement that will see the development of additional facilities for the US tech giant.
The deal builds on the collaboration… Read More>>
Southeast Asia is emerging as a primary market for data centre investment as the region benefits from a confluence of favourable demographics, abundant resources, lower costs, and supportive government policies, according to senior executives from Equinix, law firm Wong… Read More>>
Princeton Digital Group has acquired land for a 500-megawatt capacity expansion in key markets of India, Malaysia and Indonesia, as the Warburg Pincus-backed data centre platform seeks to meet rising demand for AI-ready infrastructure among hyperscale users.
The buy includes… Read More>>
Mapletree Logistics Trust has agreed to sell three warehouse properties in Malaysia for a total of MYR 157.5 million ($36.4 million), as the Singapore-listed REIT continues to overhaul its portfolio through what it terms selective divestments.
The trio’s highest-value asset… Read More>>
