October 05, 2022 Keppel Data Center REIT
Keppel Corporation has announced that it has absorbed one of its subsidiaries. The move will also see Keppel take ownership of one of the company’s data centers. Keppel acquired Juventas DC PTE ltd (JPL) for $25.4m from Causeway DC Pte Ltd. (CDCPL). JPL has now become Keppel Corp’s wholly-owned...
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July 22, 2022 Singapore
Singapore has announced the end of its data center moratorium and is now accepting new applications for facilities, following Infocomm Media Development Authority (IMDA) and Economic Development Board's (EDB) pilot scheme launch. The moratorium was originally put in place back in 2019 due to...
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July 19, 2022 Keppel Data Center REIT
Keppel has announced that it is developing a data center in Greater Beijing, China. According to the Singaporean company, its Keppel Data Centre Fund II LP (KDCF II) has partnered with Heying to develop a greenfield data center facility in Greater Beijing, China. KDCF II is managed by Keppel’s...
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June 24, 2022 Keppel Data Center REIT
Keppel DC REIT has announced the acquisition of two data centers in China. The Singaporean data center REIT entered into an agreement with Guangdong Bluesea Data Development Co. Ltd. to acquire two facilities in Jiangmen, Guangdong Province. The deal is worth RMB 1,380.6 million (~US$206m). Each...
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June 20, 2022 Singapore
Evolution Data Centres has announced the launch of its new Sustainable Data Centre Charter, through which it measures its entire operations, with the aim of minimizing carbon intensity and limiting water usage as the company grows. The charter includes the target of emitting 20 tonnes of carbon...
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May 23, 2022 Singapore
MetaVerse Green Exchange (MVGX), a crypto exchange regulated by the Monetary Authority of Singapore (MAS), has announced it is teaming up with AI firm Red Dot Analytics, for carbon measurement and to offset tropical data centers. Singapore implemented a three-year moratorium on new data center...
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April 11, 2022 Singapore
Although back in 2019, Singapore introduced a data center moratorium following concerns around energy supplies, in 2022, this moratorium was lifted - with conditions. Part of these conditions was that the country would be more selective over future data center projects. Further details around...
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February 03, 2022 Singapore
According to Cushman & Wakefield's 2022 Global Data Center Market Comparison report, Singapore now ties with the US's Silicon Valley in its league table of the top data center markets. This means that Singapore is now the top market for data centers in Asia-Pacific, beating Hong Kong (6th...
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January 17, 2022 Singapore
This week, Singapore's Trade and Industry Minister made an announcement that the country's moratorium on new data center builds, which was introduced back in 2019. Minister Gan Kim Yong said that going forward, a "more selective" approach to new builds will be taken. In a written reply to a...
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January 10, 2022 Keppel Data Center REIT
Keppel DC REIT has completed the acquisition of its second data center in London, UK. The Singaporean firm revealed that it acquired the data center in Bracknell for £57 million (S$105.5m/US$76.9m). The data center sits on a 4.7-acre property with three inter-linked two-story buildings. The data...
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December 24, 2021 Keppel Data Center REIT
Keppel Data Centres has announced it has teamed up with Woodside, Japan's Osaka Gas business division in Singapore, City Energy and City-OG Gas Energy Services, with the signing of a memorandum of understanding (MOU), to study the feasibility of a liquid hydrogen supply chain from Western...
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August 04, 2021 Keppel Data Center REIT
Keppel Corporation has offered to acquire the non-media part of Singapore Press Holdings (SPH) for S$2.2 billion (USD 1.6 billion). This includes Keppel and SPH's jointly-owned data center and telco assets. The other parts of the business it wants to acquire include shopping malls, nursing homes,...
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July 28, 2021 Keppel Data Center REIT
Keppel DC REIT has completed the acquisition of its first data center in China. The firm completed the agreement with Guangdong Bluesea Data Development Co. Ltd. and its parent Company, Guangdong Bluesea Mobile Development Co., to acquire the Guangdong Data Center in Jiangmen. The deal costs RMB...
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June 16, 2021 Singapore
It has been announced that social media giant Facebook and the Singapore government are joining forces to fund a $17 million (S$23m) project to address the need to boost the number of sustainable data centers built in tropical climates. The programme is also being funded by Singapore's National...
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