June 14, 2022 San Francisco Bay Area
As the need for data grows and grows, demand for data center construction is as strong as ever, however, the boom is being hampered by a number of factors, including supply and labor shortages, and price hikes. In a recent report named 'Data center market conditions update - Q1, 2022,'...
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June 13, 2022 Mapletree: 19675 W Ten Mile
Mapletree Industrial Trust (MIT) has announced the sale of its data center located at 19675 West Ten Mile Road, Southfield, Michigan, to its tenant. The data center sits on 121,100 square feet (11,250 square meters) of land. In addition, the four-story facility has up to 52,940 square feet (4,900...
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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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May 23, 2022 Tokyo
Japanese real estate company Hulic has plans to develop a data center in Tokyo, Japan. According to the Japanese press and Japan Property Central, the firm will be building the data center on the site of an existing office it owns. The office is located in Nihonbashi, Tokyo. Hulic will demolish...
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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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April 08, 2022 Tokyo
Gaw Capital Partners has announced the acquisition of a building in Tokyo, Japan. The real estate private equity firm also plans to transform the building into a data center. The Fuchu Building it acquired is next to Meito Sangyo Building in Fuchu Intelligent Park. Gaw will demolish the 59,000...
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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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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 17, 2022 Ashburn: Data Center Alley
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 the...
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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 30, 2021 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 both...
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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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August 18, 2021 Mapletree Redwood Data Centre Trust
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....
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August 16, 2021 Mapletree Redwood Data Centre Trust
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 which...
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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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May 20, 2021 Mapletree Redwood Data Centre Trust
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. CEO and...
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March 26, 2021 Mapletree: 8011 Villa Park
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...
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June 23, 2020 Mapletree Redwood Data Centre Trust
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 purchase...
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