ESR Partners with Wide Creek for Incheon Facility

APAC real estate firm ESR this week said it was developing an 80MW data center in South Korea, in partnership with Seoul-based Wide Creek Asset Management. The facility is set to be leased to APAC data center operator Princeton Digital Group (PDG).

Stuart Gibson, co-founder and co-CEO, ESR, said: “South Korea stands out as one of Asia’s most dynamic and rapidly expanding digital economies, and we are pleased to develop KR1 – our first data center in the country. Strategically located in Incheon, a key business hub with world-class infrastructure, KR1 will position our customers and partners at the center of this growth. This marks a major milestone for ESR in advancing our pan APAC data center strategy and unlocking value across our significant pipeline of developments in high-demand markets throughout the region.”

Diarmid Massey, CEO of data centers at ESR, added: “Data centers are the backbone of the digital ecosystem. KR1 will play a pivotal role in enabling seamless data flow and AI-driven innovation in South Korea and across APAC. This development reflects ESR’s blueprint for building next-generation digital infrastructure and our expertise in designing and delivering hyperscale facilities that are efficient, sustainable, and future-ready – empowering the region’s rapid digital transformation.”