June 16, 2026 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...
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June 09, 2026 Keppel Data Center REIT
Singapore-based real estate investor Keppel will develop a 60MW greenfield data center in Ansan, near Seoul, marking its entry into South Korea’s data center market. The project will be developed through Keppel Data Centre Fund III (KDCF III), which has acquired a majority stake in the vehicle...
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January 16, 2026 Keppel Data Center REIT
Keppel this week said its Connectivity Division has secured the rights to lease a 123-hectare contiguous site near Morwell, Victoria, with a gross power capacity of up to 720MW, from Australian energy and infrastructure landowner Lightwood Group.Manjot Singh Mann, CEO of Connectivity, Keppel,...
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January 08, 2026 Keppel Data Center REIT
Keppel has secured a land lease extension for a data center campus in Singapore. The company last year announced that the relevant authorities had granted conditional approval for a 10-year land tenure lease extension for the Keppel Data Centre Campus at Genting Lane in Singapore.Keppel said the...
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December 20, 2025 Keppel Data Center REIT
Singaporean asset manager Keppel has sold stakes in two data centers in Singapore to its data center real estate investment trust. Keppel Ltd.’s Connectivity Division has agreed to sell the remaining ten percent interest in Keppel DC Singapore 3 (KDC SGP 3) and one percent interest in Keppel DC...
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November 07, 2024 Keppel Data Center REIT
Keppel Ltd. this week announced that its private fund, Keppel Data Centre Fund II (KDCF II), has entered into a sale and purchase agreement with Mitsui Fudosan for the forward purchase of Keppel Data Centre Tokyo 2, a data center facility currently being developed by Mitsui Fudosan. Mitsui...
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October 23, 2024 Keppel Data Center REIT
Keppel Data Centers has signed a conditional offtake term sheet to supply and purchase liquid hydrogen from Woodside. The company plans to integrate the potential liquid hydrogen supply into a broader, long-term portfolio of low-carbon power solutions that it is developing to meet the energy...
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March 14, 2024 Keppel Data Center REIT
Keppel is expanding into Japan with plans to build and buy facilities in the country. In this regard, the company has siged a Memorandum of Understanding (MoU) with Mitsui Fudosan Co. Ltd. (Mitsui Fudosan) to ‘jointly explore data center development and investment opportunities’ in Japan and...
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January 11, 2024 Keppel Data Center REIT
GlobalFoundries has signed a multi-year 150MW Power Purchase Agreement with Keppel to procure renewable energy for the chip manufacturer’s Singapore site. Following this agreement, Keppel will provide GlobalFoundries with between 150 and 180MW of energy from May 2024. The companies said in a...
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January 06, 2024 Keppel Data Center REIT
Keppel has filed with the Fingal and South Dublin County Councils as it seeks to install battery energy storage at its data centers in the Irish capital. These storage systems for both facilities are to be provided by Grid Beyond Limited, which provides grid-connected battery technologies and...
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September 28, 2023 Keppel Data Center REIT
The Keppel DC REIT Management Pte. Ltd. Board of Directors announced that one of its DC campuses recently secured a S$120 million (US$87.7m) sustainability-linked Islamic credit facility. The company didn’t reveal details relating to the loan providers, intended loan uses, or sustainability...
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May 23, 2023 Keppel Data Center REIT
The Keppel Corporation is requesting that authorities develop environmentally friendly data centers. According to Nikkei Asia, Wong Wai Meng, the chief executive officer of Keppel's data center division, warned that the nation's capacity limitation is insufficient to meet current demand. The...
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April 28, 2023 Keppel Data Center REIT
Keppel Corporation has signed an agreement with Australia's Woodside Energy, which could see it supply 1,000 tonnes (1,100 tons) of liquid hydrogen a day from Woodside's portfolio of planned production facilities, to Keppel's data center in Singapore. This deal follows a series of successful...
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March 07, 2023 Keppel Data Center REIT
The DC REIT group of Keppel has received a new credit facility of over $70 million, guaranteed by the financial services firm Perpetual. Keppel DC REIT Fin. Company Pte. Ltd., a wholly-owned subsidiary of Keppel DC REIT, has procured the Loan Facility guaranteed by Perpetual Ltd (Asia) in its...
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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 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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March 31, 2022 Seoul
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,...
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March 21, 2022 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...
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March 01, 2022 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 that...
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