ESR Raises $850m in Equity to Support Data Center Build-out
April 09, 2026
ESR Group
ESR, an APAC real estate owner and manager, has commenced construction on its first South Korean data centre, KR1, in partnership with Seoul-based Wide Creek Asset Management (Wide Creek AMC).
The nine-storey KR1 Data Centre is strategically located in Incheon's Bupyeong district. Designed by ESR (as development manager), KR1's core and shell are being jointly built by ESR and Wide Creek AMC. The facility is pre-leased to Princeton Digital Group (PDG), which will manage the internal fit-out and operations when KR1 becomes operational in 2028.
| Distance | Site | About |
|---|---|---|
| 0.00 miles | Princeton PDG: Bupyeong KR1 |
ESR, an APAC real estate owner and manager, has commenced construction on its first South Korean data centre, KR1, in partnership with Seoul-based Wide Creek Asset Management (Wide Creek AMC).
|
| 0.89 miles | Digital Edge SEL2 |
Located in Bupyeong-gu, Incheon, the campus is well situated with easy access to Incheon International Airport
|
| 0.92 miles | Digital Edge: SEL3 |
Digital Edge (Singapore), with support from global infrastructure investor Stonepeak, started construction of SEL3 in May 2025.
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| 1.02 miles | Stack: Incheon ICN01A |
STACK's ICN01A data center is located in the western Seoul suburb of Incheon.
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| 1.41 miles | LG CNS Incheon Center |
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| 2.77 miles | KT: Bucheon Peach IDC |
KT will operate a new data center in Bucheon, South Korea. Following the demolition of existing buildings that began in February 2023, the Bucheon Data Centre is expected to complete construction in July 2026.
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| 2.93 miles | DreamMark1: Incheon IDC |
DreamMarkOne Introduces 22KW High-Density Infrastructure Service at Incheon Data Center in 2024.
|
| 3.36 miles | Hyperscale Data Center Request Dataset | |
| 4.52 miles | Naver: Bucheon AI Data Center |
Naver's Bucheon AI Data Center (Center 1) is located on the 482th to 9th floors of the existing R&D Center in Sosa-ro 13 (Chunui-dong). The total floor area is about 4,875 sqm.
|
| 7.42 miles | KT: Guro DC |
KT Cloud has been confirmed as the operator of the new Guro Data Center, currently under development in Seoul, South Korea.
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| 8.42 miles | KT Mok-dong IDC 1 |
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| 8.68 miles | KT Mok-dong IDC 2 |
|
| 8.79 miles | DCI: Seoul SEL01 |
DCI Data Centers (DCI) and Daelim Co have commenced construction of a data center in Seoul, South Korea, marking DCI's first facility in the country through a joint venture partnership.
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| 8.90 miles | Ehost IDC Sould | |
| 8.90 miles | LG CNS Seoul Gasan |
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| 8.92 miles | KINX: Gasan IDC |
As the location of the network PoPs of major cloud service providers based in Korea and abroad, Gasan IDC provides a multi/hybrid cloud environment via CloudHub.
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| 9.20 miles | STT Seoul 1 |
Situated within Gasan-dong, Geumcheon-gu, STT Seoul 1 is strategically located near Mokdong.
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| 9.26 miles | KT Gasan IDC |
|
| 9.41 miles | Koramco: K Square DC |
In 2021, Koramco funded the development of the K Square Data Center, an 11-story facility spanning 41,215 square meters (443,635 sq ft), located in Seoul's Gasan Digital Complex.
|
| 9.43 miles | SK Broadband: IDC Gasan |
Opened in 2021, the Gasan data center is a 15-story facility—10 above ground and five below—spanning 69,300 square meters (745,940 square feet).
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| 9.50 miles | DreamMark1: Guro IDC |
Dreammark One offers colocations services from a 1,200-rack facility in Guro, Seoul.
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| 9.61 miles | Epoch: Yangpyeongdong |
Construction of Actis's second Seoul data centre began in the second half of 2022, following its June 2021 announcement.
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| 10.22 miles | Y-eDC Data Center |
The Y-eDC Data Center Development Project will consist of an eight-story facility with three underground levels, encompassing 1,385 square meters (14,900 square feet) of space.
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| 10.43 miles | LG CNS Seoul Sangam IT |
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| 10.43 miles | Digital Seoul 1 (ICN10) |
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| 10.44 miles | KINX: Sangam1 IDC |
KINX Sangam1 features world-class safety and security systems. It is designed to accommodate both high- and medium-density clients efficiently.
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| 10.50 miles | KINX: Sangam2 IDC |
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| 10.51 miles | Samsung SDS: Sangam ICT | |
| 10.68 miles | LG CNS Sangam DDMC | |
| 10.89 miles | Digital Seoul 2 (ICN11) |
Digital Realty acquired a 5-acre land parcel in Seoul in 2021, with initial plans to develop a 64MW data center slated for completion in 2023.
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| 10.93 miles | KT Yeouido IDC |
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| 10.98 miles | CapitaLand: Korea 1 |
CapitaLand's Korea 1 data center is located adjacent to Seoul’s key business district and Sangam DC cluster.
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| 11.02 miles | LG CNS Seoul FKI Tower | |
| 11.04 miles | CapitaLand: Korea 2 |
Situated next to the CapitaLand Korea Data Center 1, it has 3,456 racks in 12 data halls within 7-storey building.
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| 11.25 miles | Equinix SL2x | |
| 11.25 miles | Equinix SL4 | |
| 11.27 miles | SK Broadband: IDC Ilsan |
A 10-story building with three underground levels and a total floor area of 30,740m2.
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| 11.30 miles | Hyperscale Data Center Request Dataset |
AWS is reportedly conducting feasibility studies for a data center in Goyang City, Gyeonggi Province.
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| 11.40 miles | Okestro: Yeouido, Seoul |
Okestro and DC Korea - 5MW sovereign AI data center,
Yeouido, Seoul, South Korea. |
| 11.41 miles | Equinix SL3x | |
| 12.21 miles | Equinix Seoul SL1 | |
| 13.21 miles | KT Yongsan IDC |
|
| 13.36 miles | DCI: Seoul SEL02 |
DCI Data Centers is partnering with South Korean real estate firm Koramco to build a new data center near Seoul.
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| 13.47 miles | Magna PFV: Deok-i-dong |
Magna PFV, a construction affiliate of South Korean conglomerate GS Group, has secured final approval for its data center project in Goyang City's Deok-i-dong district.
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| 13.96 miles | SK Broadband: IDC Ilsan 2 |
SK Broadband has a second data center in Ilsan, referred to as 'ILSAN #2,' which was a warehouse converted into a data center.
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| 14.70 miles | Telehouse Seoul |
Telehouse Seoul opened in 2000.
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| 14.76 miles | IGIS AMC: Choji-dong |
The data center will feature two basement levels and nine above-ground floors, encompassing a substantial gross floor area of approximately 49,591 square meters.
|
| 15.14 miles | LG Uplus Pyeongchon 2 |
|
| 15.24 miles | LG Uplus Pyeongchon | |
| 15.45 miles | Carrier-Neutral Data Center Request Dataset |
This facility is part of SC Zeus Samsong Data Center project in Seoul.
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| 15.47 miles | KINX: Pyeongchon IDC | |
| 15.49 miles | KINX: GwaCheon IDC |
The “Network Platform Internet Data center" is certified with global standards and operated by the largest L2 Network provider in Korea.
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| 15.52 miles | SC Zeus: Samsong IDC |
|
| 15.53 miles | Koscom: Anyang IDC |
Koscom (Korea Securities Computing Corporation) has broken ground on its Anyang IDC Data Center in South Korea.
|
| 15.56 miles | Epoch: Pyeongchon |
The Pyeongchon Data Centre, developed through a partnership between Actis and GS Group, is situated in Pyeongchon, South Korea.
|
| 15.57 miles | Gwacheon Data Centre |
Gabia has begun construction on a combined office and data center facility in Gwacheon City, Gyeonggi Province. The project, which broke ground in the first quarter of 2022, was scheduled for completion in 2024.
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| 15.89 miles | SK Broadband: IDC Seocho | |
| 15.99 miles | Kakao: Ansan |
Kakao, the South Korean Internet company, has launched its first self-owned data center in Ansan, Gyeonggi Province.
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| 16.62 miles | LG Uplus SEOCHO1 | |
| 17.19 miles | Digital Edge Sejong Gangnam |
The SEL1 data center is strategically located in the Gangnam district.
|
| 17.35 miles | LG Uplus: Nonhyeon Center |
The Nonhyeon Center, located in Seoul's Gangnam-gu district, was LG U+'s first data center when it opened its initial phase in 1998.
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| 17.58 miles | KT Gangnam IDC | |
| 17.74 miles | Empyrion: Gangnam KR1 |
Strategically located in Gangnam, Seoul, South Korea, the KR1 Gangnam Data Centre offers close proximity to the headquarters of major technology and Fortune 500 companies.
|
| 18.15 miles | KINX: Dogok IDC |
|
| 18.57 miles | NTT Seoul |
ESR Group is Asia-Pacific's leading New Economy real asset manager and one of the largest listed real estate investment managers globally. The company's fully integrated fund management and development platform extends across Australia and New Zealand, Japan, South Korea, Greater China, Southeast Asia and India, including a presence in Europe. ESR Group provides investors with a diverse range of real asset investment and development solutions across private and public investment vehicles. The firm's focus on New Economy real assets offers customers modern solutions for logistics, data centers, and infrastructure and renewables. ESR Group's purpose, Space and Investment Solutions for a Sustainable Future, drives the company to manage sustainably and impactfully for the communities where it operates and the spaces it develops to thrive for generations to come. ESR Group is listed on The Stock Exchange of Hong Kong (HKSE: 1821.HK).
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