October 04, 2024 Hong Kong
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...
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February 26, 2024 Global Switch
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 Muldoon...
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December 28, 2023 Global Switch
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 is...
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August 07, 2023 Global Switch
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 that...
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August 03, 2023 Hong Kong
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 company...
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January 20, 2023 Global Switch
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...
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November 23, 2022 Global Switch
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...
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August 01, 2022 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...
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June 22, 2022 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 Kong....
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June 02, 2022 Global Switch
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...
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May 18, 2022 Global Switch
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 industry....
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April 07, 2022 Hong Kong
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$2.88...
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March 18, 2022 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 (23,000...
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January 06, 2022 Hong Kong
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 its...
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November 25, 2021 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...
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November 24, 2021 Global Switch
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...
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March 25, 2021 Global Switch Hong Kong
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...
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July 28, 2020 Global Switch
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 data...
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March 01, 2019 Global Switch
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...
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July 11, 2018 Global Switch
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...
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