CapitaLand Investment: Expands Global Data Centre Portfolio With Development Of Its First Data Centre In Japan.

04 Feb 2025 10:08

CapitaLand Investment Limited has acquired a freehold land parcel in Osaka to develop its first data centre in Japan which will entail a total investment of more than US$700 million (S$944.3 million). 50 megawatts of power capacity have also been secured for the project. The acquisition is a testament to CLI's strong global multi-asset class network and deal-sourcing capability. With this latest acquisition, CLI has added 23 data centres to its global portfolio since 2021. CapitaLand Group has 27 data centres across Asia and Europe with about 800 MW of power and around S$6 billion of assets under management on a completed basis...

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Source: ShareInvestor Express