With the rise of ChatGPT and other generative artificial intelligence (AI) tools, global demand for large-scale data centres continues to soar. According to Synergy Research, the number of hyperscale facilities worldwide surpassed 1,000 in early 2024, with that capacity predicted… Read More>>
Lone Star Raises $2.7B for Value-Add Bets and More Asia Real Estate Headlines
US fund manager Lone Star closes on $2.7 billion for value-add plays in Japan and the West, with that story leading today’s headline roundup. Also making the list, China investigates a high-profile wealth management firm and Australia’s caps on foreign… Read More>>
KKR, Singtel to Invest Up to $2.2B in Data Centre Operator STT GDC
KKR and Singapore telecom operator Singtel have agreed to invest as much as $2.2 billion for up to an 18.3 percent combined stake in ST Telemedia Global Data Centres in what stands as the largest digital infrastructure investment in Southeast… Read More>>
Singapore’s STT GDC Expanding Data Centre Platform into Vietnam
Singapore’s ST Telemedia Global Data Centres has formed a joint venture with Vietnamese tech unicorn VNG Corporation for the development, construction and operation of server-hosting facilities totalling nearly 70 megawatts in Ho Chi Minh City.
The partnership encompasses a functioning… Read More>>
Singapore’s CapitaLand Unveils $540M Chennai Investment Plan
Singapore property heavyweight CapitaLand Investment (CLI) continues to bolster its presence in India as it unveils plans to invest INR 45 billion ($540 million) in business parks, logistics and data centre developments in Chennai over the next five years.
CLI… Read More>>
STT GDC Announces Second Malaysia Data Centre Project This Month
Singapore’s ST Telemedia Global Data Centres (STT GDC) on Thursday revealed plans to develop a data centre campus in Malaysia’s Johor state that will support up to 120MW in capacity, marking the operator’s second facility in the country.
The STT… Read More>>
Gaw Capital Unveils Indonesian Data Centre Project, STT GDC Enters Malaysia
Southeast Asia continues to be a top target for data centre developers and investors with Hong Kong’s Gaw Capital Partners announcing a new project in Indonesia on the same day last week that Singapore’s ST Telemedia Global Data Centres (STT… Read More>>