ESR Partners with Wide Creek for 80MW 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.”