ESR to develop USD2bn-plus multi-phase data centre campus near Osaka CBD
08/04/2021 - 9:43am
ESR Cayman Limited (ESR), an APAC-focussed logistics real estate platform, has acquired a key data centre asset in Osaka, Japan.
The asset comprises an existing data centre and excess land, totalling a development potential of up to 78MW IT load. It is expected to have a potential GAV of USD2.15 billion, depending on the ratio of operating model between powered shell and fully fitted configurations for each building.
ESR will utilise the land to build two additional buildings, with a combined IT load of 39MW as power will be available within 12 months.