GLP has revealed its plans to enter the Japanese data center market. The company is looking to develop data centers with up to 900MW of capacity over the next five years in the market. In addition, it will also invest up to $12 billion to bring facilities to live. By so doing, the Singapore-based logistics real estate firm will become one of the leaders in the important data center market.
GLP currently has a logistics business in the country spanning up to 10 million square meters. It aims to focus its investment in the Greater Osaka and Greater Tokyo regions. It also claimed to have secured land to develop up to 600MW of capacity in these areas. GLP says it will begin construction on its first Greater Tokyo campus next year. The first building is also scheduled to be ready for service starting in 2024.
The President of GLP Japan, Yoshiyuki Chosa, said the company has a two-decade worth of track record in developing and operating world-class sustainable facilities. He added that venturing into data centers is natural as the company’s goal is to provide critical digital infrastructure systems. Chosa further noted that GLP is well-positioned to develop and scale state-of-the-art digital infrastructure to serve the increasing demands in the Japanese market.
