Data Center News

Goodman completes Hong Kong data center

Real estate firm Goodman this week said it has completed the third building at its Goodman Tsuen Wan West data center campus and handed over the 50MW facility to Chinese operator GDS.Goodman’s head of Asia, Paul McGarry, said: “This is the latest data center completion at the brand new 225MW G...

October 04, 2024

Hong Kong

Global Switch reveals plans for new data center in London

Global Switch has announced its plans for a new data center in London to be located adjacent to Global Switch’s existing data centers in east London’s Docklands. The company noted that the five-story facility, known as London South, will offer 40MW across 27,000 square meter. CEO Ashley Muldo...

February 26, 2024

Global Switch

Global Switch CEO to retire and be replaced by COO Muldoon

Global Switch CEO John Corcoran is retiring and the company has announced that he will be stepping down from his duties on December 31, 2023. Global Switch's current chief operating officer Ashley Muldoon is to be appointed CEO, and will join the board. Shareholder approval for his appointment...

December 28, 2023

Global Switch

Global Switch seeks buyers for European and Asia Pacific data centers

In an effort to raise $6 billion, Global Switch is contemplating selling its operations in Europe and Asia Pacific separately. According to anonymous sources cited by Bloomberg, the London-based company may offer its Europe and Asia Pacific units to separate purchasers with the expectation tha...

August 07, 2023

Global Switch

ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development

ESR has secured a Sustainability-Linked Loan (SLL) to develop a data center in Hong Kong, it has announced. It has closed the first SLL in Hong Kong, worth HK$1.6 billion (US$205m), which will be used to convert a building in Kwai Chung into the 21.3MW ESR Kwai Chung Data Centre HK1.The compan...

August 03, 2023

Hong Kong

Global Switch granted permission for a new data center in East London

At a Tower Hamlets Council meeting, the Strategic Development Committee in London has granted Global Switch permission to develop a new data center. Located on a car park adjacent to its existing London East and London North buildings at East India Dock House, 240 East India Dock Road, the fac...

January 20, 2023

Global Switch

KKR, PAG, and EQT Remain in The Race To Acquire Global Switch as Stonepeak and Gaw Dropout

According to Bloomberg, PAG, KKR, and EQT have been selected as the final bidders for Global Switch. Per Bloomberg, the companies are mulling over the best financing structures to seek the acquisition of the London-based firm. However, the publication noted that the initial bids didn’t meet Gl...

November 23, 2022

Global Switch

PAG Among Companies Now Looking To Acquire Global Switch

The number of companies looking to acquire Global Switch is increasing by the day as PAG has joined the long list of potential suitors. Global Switch is a London-based data center company founded in 1998 with 13 facilities across Asia, Europe, and Australia. Jiangsu Shagang, a Chinese steel co...

August 01, 2022

Global Switch

Angelo Gordon To Develop a 20MW Data Center in Hong Kong

Angelo Gordon, a New York-based equity group, has plans to develop a data center in Hong Kong. According to Mingtiandi, the company has submitted an application with the town planning board to build a 20MW data center. The data center will be located at No. 3 Kin Tai Street, Tuen Mun, Hong ...

June 22, 2022

Hong Kong

NextDC Looking To Buy Global Switch's APAC Portfolio

According to reports, NextDC is looking to acquire Global Switch’s Asia-Pacific arm. The Australian data center firm has contacted Macquarie Capital to find a financial partner for the purchase. Global Switch has been looking to sell its business for more than a year. Besides, it was in dis...

June 02, 2022

Global Switch

Global Switch Set For Sale

According to Bloomberg, the owners of Global Switch are preparing to sell off the data center firm. The report shows that Global Switch Holdings Ltd. Is prepared to sell off the company to other firms due to multiple interests from investment funds and other companies in the data center indust...

May 18, 2022

Global Switch

Vantage-Occupied Complex in Hong Kong Acquired For $371 Million

A Vantage-occupied facility in Hong Kong has been acquired by the Asia Pacific Cities Fund (APCF). The complex acquired is located at 43 Container Port Road. It is also a fully occupied data center with a 14MW capacity across 270,000 square feet of gross floor area. The deal was worth HK$2....

April 07, 2022

Hong Kong

Carrianna Group Sets Up Data Center in Hong Kong

Carrianna Group has announced the launch of a new data center in the Kwai Chang industrial area, Hong Kong. The Hong Kong property firm, Jun Gao Holdings Company Limited and Dr. Quentin Tsang jointly invested in the data center. The property has a gross floor area of 2,100 square meters (23,00...

March 18, 2022

Hong Kong

TAOP to expand its Hong Kong Data Center

Taoping Inc (TOAP) has announced that it is expanding its Taoping G Cloud Hong Kong Data Center (the "Center") in Tsuen Wan, Hong Kong. The expansion is expected to be completed by the end of January 2022.The facility, built in May 2021, will have an estimated total hash rate of 700GH/s, and i...

January 06, 2022

Hong Kong

ESR proposes plans to convert cold storage facility into a data center in Hong Kong

ESR Cayman Limited has reportedly submitted a proposal to convert Brilliant Cold Storage Tower 2 at 11-19 Wing Yip Street, in Kwai Chung, New Territories, into a data center. The proposed data center would have a capacity of 40MW, spanning 15-stories, adding a total of 450 sqm of space which w...

November 25, 2021

Hong Kong

Several firms are looking into $11bn Global Switch buyout

Several data center and investment firms are mulling over the acquisition of data center firm Global Switch Holdings. According to Bloomberg, KKR and Blackstone Inc. are the likely forerunners of acquiring Global Switch. Equinix, Digital Realty, and DigitalBridge have also shown interest in...

November 24, 2021

Global Switch

Global Switch launches final stage of HK data centre

Global Switch has launched the final stage of its Hong Kong center, located in the Tseung Kwan O Industrial Estate. The latest development provides an additional 35,600 sqm and 58MVA of utility. Now, the total infrastructure services of Global Switch Hong Kong's is 70,228 sqm, with a total uti...

March 25, 2021

Global Switch Hong Kong

Console Connect now live in all Global Switch data centres worldwide

July 28, 2020 – PCCW Global today announced that its Console Connect Software-Defined Interconnection® (SDI®) platform is now available in many more data centres via an extended collaboration with Global Switch, a leading owner, operator and developer of large-scale carrier and cloud neutral ...

July 28, 2020

Global Switch

Global Switch Picks Banks for $1 Billion IPO in Hong Kong

HONG KONG (Reuters) - UK-based data center operator Global Switch has chosen CLSA, Goldman Sachs and JPMorgan as sponsors for its Hong Kong initial public offering (IPO) of up to $1 billion, two people with direct knowledge of the matter said on Friday. Founded in 1998 and owned by Britain’s ...

March 01, 2019

Global Switch

Asian investor consortium acquires 24.99% stake in Global Switch in preparation for listing on a leading international stock exchange

A consortium of six Asian institutional and private investors has acquired a 24.99% stake in the Company in a transaction valued at £2.1 billion The investment by Strategic IDC Limited further diversifies Global Switch’s sources of equity capital, supports a continuation of the Company’s strat...

July 11, 2018

Global Switch

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