\n<\/p>\n
TOKYO, JAPAN \/ HONG KONG SAR –\u00a0Media OutReach<\/a>\u00a0– 8 April 2021 –\u00a0ESR Cayman Limited (“ESR” or the
\u00a0<\/p>\n
ESR will utilise the land to build two additional buildings, with a
Jeffrey
\u00a0<\/p>\n
The data centre campus is strategically located in Osaka City, within 10 km of the Osaka CBD where
\u00a0<\/p>\n
As a key
\u00a0<\/p>\n
The global
\u00a0<\/p>\n
Against
\u00a0<\/p>\n
Commenting
\u00a0<\/p>\n
With the
TOKYO, JAPAN \/ HONG KONG SAR –\u00a0Media OutReach\u00a0– 8 April 2021 –\u00a0ESR Cayman Limited (“ESR” or the
“Company”, together with its subsidiaries as the “Group”;
SEHK Stock Code: 1821), the largest APAC focused logistics real estate
platform, has acquired a key data centre asset in Osaka, Japan. The asset comprises
an existing data centre and …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13878"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=13878"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13878\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=13878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=13878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=13878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n“Company”, together with its subsidiaries as the “Group”;
\nSEHK Stock Code: 1821), the largest APAC focused logistics real estate
\nplatform, has acquired a key data centre asset in Osaka, Japan. The asset comprises
\nan existing data centre and excess land, totalling a development potential of
\nup to 78MW IT load. It is expected to have a potential GAV of US$2.15 billion,
\ndepending on the ratio of operating model between powered shell and fully
\nfitted configurations for each building.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\ncombined IT load of 39MW as power will be available within 12 months. Construction of
\nthe first data centre is expected to commence later in 2021, with target
\ncompletion scheduled in 2023. The existing data centre is expected to be
\nredeveloped into an additional 39MW IT load upon expiry of the current lease.
\nThe three buildings together will form a significant data centre campus in the rapidly
\ngrowing Osaka market, offering customers the opportunity to lease data halls,
\nindividual buildings or multiple buildings \u2013 providing scalability and
\nflexibility, ideal for both hyperscalers and colocation operators.<\/p>\n
\n
\n
\n
<\/p>\n
\nShen and Stuart Gibson, ESR Co-founders and Co-CEOs, remarked, “As a leading
\nprovider of new economy infrastructure, it’s a natural move for ESR to expand
\ninto the evolving ecosystem of data centres. We are tremendously excited to
\nlaunch our first data centre new development, creating a campus-style asset
\nwith expansion capability in a prime location of a high growth market. This
\nacquisition adds to ESR’s data centre strategic push which now includes exclusivity
\non land and power approvals to potentially develop over 200MW across major
\nmarkets in APAC.” \u00a0<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nJapan’s major Internet Exchange and other network exchanges attract a large
\nnumber of cloud on-ramps, telecom companies, leading IT-dependent enterprises
\nand an increasing number of hyperscalers. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\ngateway to Japan and to Asia, Osaka has established itself to be a major
\ncommercial hub, second only to Tokyo. At the heart of the Kansai region which
\nhas a population of 24.6 million and GDP of US$1 trillion, Osaka has a
\nworld-class infrastructure and strong demographic fundamentals. The city has a
\nhigh concentration of pillar industries, including energy, financial services,
\nhealthcare and medical services, advanced manufacturing \u2013 all of which rely
\nheavily on technologies such as big data, AI, 5G, robotics and IoT, making
\nOsaka a prime location for digital connectivity infrastructure. Today, Osaka is
\nthe fifth largest data centre market in the APAC region (outside of China), yet
\nthe supply of data centres remains highly limited due to a lack of land and
\npower supply.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\npandemic has flipped the norms under which businesses operate and the ways people
\nlive and spend. Driven by the acceleration of e-commerce and fintech, as well
\nas by the rise of cloud solutions and smart technologies, the demand for data
\ncentres has grown exponentially across APAC and the world.\u00a0 <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nthis backdrop, ESR is very well positioned to play its part in developing
\ndigital infrastructure in APAC: with hyperlocal presence that provides
\nunparalleled access to unique land origination, zoning and power approvals, and
\ndevelopment expertise; agility to acquire large land parcels and allocate land
\nbank to warehousing and data centres based on market demand; a large and
\ndiverse logistics portfolio for potential redevelopment or repurpose into data
\ncentres; and a dedicated team with deep expertise in development and fund management. Data centres offer lucrative
\nopportunities for both operators and investors, and ESR plans to expand its
\ndata centre platform with select capital partners.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\non the outlook, Mr. Shen and Mr. Gibson added, “ESR has a proven track record
\nof consistently developing best-in-class assets and delivering top-notch project
\nmanagement for our logistics tenants, many of whom are e-commerce giants who
\nalso provide cloud services. Our operational expertise enables us to provide
\none-stop solutions to cloud service providers and operators across all major
\neconomies in APAC, meeting their needs and requirements beyond optimising
\nbusiness performance and growth. The environmental footprint of the online
\nworld is coming under constant scrutiny. ESR will work with cloud providers to
\nensure that carbon reduction and responsible innovation are at the heart of all
\nof ESR’s data centre developments. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nprevalence of digital transformation in which data is the foundation, ESR will
\ncapitalise on this secular trend by leveraging its in-house capability and
\nstrategically partnering with operators and capital partners to build a network
\nof data centre infrastructure \u2013 in powered shell and fully fitted
\nconfigurations \u2013 in key metros across APAC. This network of agile and scalable data
\ncentres will interconnect businesses and individuals in the digital economy,
\nsupport our customers’ growth in scale and reach, and create value for ESR’s ecosystem
\nof new economy infrastructure.”<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"