Data Center News

NFD Korea to Develop 300MW Campus Near Seoul

NFD Korea is planning a 300MW data center campus in Dangjin, a city south of Seoul. The 43,188 sqm (464,871 sq ft) facility will include six buildings, each with 50MW of capacity. The company has secured construction permits and a power agreement with Korea Electric Power Corporation, with ground...

June 16, 2026

Seoul

Macquarie Technology Group is attempting to raise $88 million for a new data facility

Macquarie Technology Group is raising 88 million dollars to finance its Sydney data center. The company is raising capital through a non-underwritten institutional placement to increase its liquidity and free float. The business offers 2.22 million additional fully paid shares at $39.61 per sh...

June 14, 2023

Macquarie Infrastructure Partners (MIP)

Macquarie Partnering With NTT To Further NTT's European & North American Expansion

NTT and Macquarie Asset Management are partnering up to invest in data centers. These firms announced that they had entered a strategic real estate partnership that covers NTT’s wholesale facilities across North America and Europe. The agreement will see Macquarie invest real estate capital...

April 05, 2022

Macquarie Infrastructure Partners (MIP)

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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