Japan: ESR completes construction work of its data center in Osaka, Japan
Aug 31, 2024 | Posted by Abdul-Rahman Oladimeji
ESR, an APAC real estate firm this week announced that it has successfully completed the core and shell of its Cosmosquare OS1 data center project in Nanko Kita. The facility will be ready for service in May 2025 and once fitted out, it will provide 25MW of capacity. At full build-out, the $2 billion campus will total three buildings.
Stuart Gibson, ESR Group co-founder and co-CEO, said: “We are delighted to reach this important milestone in our first Osaka data center development, creating a campus-style asset with expansion capability in a prime location of a high growth market. This development is a flagship project in ESR’s strategic and accelerated rollout of data centers to capitalize on the unprecedented demand for high-performing digital infrastructure across key markets in APAC.”
Diarmid Massey, CEO of ESR Data Centres, added: “ESR’s Cosmosquare campus, which is backed by ESR DC Fund 1, is a notable showcase of our acceleration in strategy to cater to the regional growth of Cloud and Digital Infrastructure. We are fulfilling the growing customer need for data center capacity, that is being turbocharged by the outsized Artificial Intelligence demand that is quickly migrating to APAC. Our pipeline of hyperscale data centers will deliver next-generation environmentally focused solutions to our end customers and business partners to power the growth of digital infrastructure in Osaka and across APAC.”