Data Center News

ESR Raises $850m in Equity to Support Data Center Build-out

APAC real estate firm ESR has secured fresh investment to support its data center expansion. The company this week announced it has raised $850 million in additional equity capital from existing shareholders.Phil Pearce, president of ESR, said: “ESR has entered its next phase of growth with a ...

April 09, 2026

ESR Group

ESR Plans to Develop a 60MW Data Center in Mumbai, India.

The company this week unveiled plans for a multi-story data center in the Rabale area of Mumbai, Maharashtra. The ESR Rabale MU1 Data Centre (MU1) will be developed on a 3.25-acre site and is designed to support up to 60MW of IT load. Total investment in the project is expected to reach $100 m...

February 25, 2026

ESR Group

Alibaba Launches Data Center in Seoul, South Korea

Alibaba Cloud has announced the opening of a new data center in Seoul, South Korea. The company first revealed plans for a South Korean cloud region last year. It currently operates 82 Availability Zones and 26 regions across the globe. Alibaba’s head of Cloud Intelligence for Japan and Korea,...

March 31, 2022

Seoul

Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In Seoul

Pacific Asset Management and Canada Pension Plan Investment Board have formed a joint venture for the sole purpose of developing a hyperscale data center in Seoul, South Korea. The two companies announced that they would be investing KRW 200 billion (US$164.4 million) to develop the largest ca...

March 21, 2022

Seoul

SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in Seoul

Singapore’s SC Capital Partners (SCCP) has announced the launch of a new data center firm. The real estate investment firm says it will be developing hyperscale facilities across Asia. Zeus Data Centers, backed by SCCP, launched its website and social media pages in the summer. Reports show...

March 01, 2022

Seoul

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