ESR to develop US$2b data centre in Japan
The company plans to build two additional data centres at the site in Osaka.
Hong Kong-headquartered ESR Cayman Limited has acquired a US$2b ($15.57b) data centre asset in Osaka, Japan.
The asset comprises of a single. existing data centre and excess land, totalling a development potential of up to 78MW IT load.
According to the company, it will utilise the land to build two additional data centre buildings, with a combined IT load of 39MW. It notes that sufficient power will be available within the coming 12 months.
The existing data centre is expected to be redeveloped into an additional 39MW IT load, upon expiry of the current lease. The data centre is located un Osaka City, within 10 km of the central business district. The city is home to Japan’s major Internet Exchange, and other network exchanges that attract a large number of cloud on-ramps, telecom companies, leading IT-dependent enterprises, and an increasing number of hyperscalers.
“The three buildings together will form a significant data centre campus in the rapidly growing Osaka market, offering customers the opportunity to lease data halls, individual buildings or multiple buildings – providing scalability and flexibility, ideal for both hyperscalers and colocation operators,” ESR said.
Construction of the first data centre is expected to start in late 2021 with a target completion date schedule in 2023.