Data Center News

Singapore and Silicon Valley tie second place in data center rankings

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 ...

February 03, 2022

Singapore

Singapore's moratorium on new data center builds lifts, but what's next?

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 par...

January 17, 2022

Singapore

AREP to invest in six data centers

American Real Estate Partners (AREP) has announced that, with Harrison Street, it is investing $1bn (€864m) in six data centres in the US. According to reports, this development plan will total 2.1m sqft of data centre space in Data Center Alley in Ashburn and Arcola, Virginia.Speaking about t...

January 17, 2022

Ashburn: Data Center Alley

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

Virginia Commonwealth University announced plans to build new data center in Richmond

Virginia Commonwealth University (VCU) has announced proposals for a data center located in Richmond, Virginia, at 707 W. Broad St. The planned facility will span 30,000-square-foot (2,800 sqm).According to reports, the data center will cost around $42-44 million and will be divided between bo...

November 30, 2021

Richmond

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

Mapletree acquires Lumen’s Minnesota data center for $26 million

As part of its acquisition of Sila Realty Trust’s data center portfolio, Mapletree Investment Trust has also acquired a Lumen data center in Minnesota. The facility is at 5400-5500 Feltl Road inside the Opus Business Park, Minnetonka. It is reported that Sila paid $26 million for the facility....

August 18, 2021

Mapletree Redwood Data Centre Trust

Data center merger and acquisition activities in Q2 of 2021

2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see wh...

August 16, 2021

Mapletree Redwood Data Centre Trust

Singapore government and Facebook back $S17m project for sustainable tropical data centers

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 Nationa...

June 16, 2021

Singapore

Sila agrees to sell all its data centers to Mapletree for $1.3bn

Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. ...

May 20, 2021

Mapletree Redwood Data Centre Trust

Mapletree acquires Bank of America campus in Richmond VA

Mapletree Industrial Trust (MIT), a Singapore based REIT, acquired Bank of America’s campus at 8011 Villa Park Drive on March 12 for $208 million. The 46-acre campus in Richmond Virginia has five office buildings with a mix of office and data center space. The campus is 100 percent leased by C...

March 26, 2021

Mapletree: 8011 Villa Park

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purcha...

June 23, 2020

Mapletree Redwood Data Centre Trust

Charlotte-IX is Launched, Flexential is an Early Supporter

Charlotte-IX was launched with the support of Flexential. The new peering exchange point is available at Flexential's Charlotte and Raleigh data centers. Learn more at: Charlotte IX Peeringdb.com entry <a href="https://www.p...

September 12, 2018

Charlotte

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