CapitaLand investing $564m for first hyperscale data centre in China
Facade of CapitaLand’s first hyperscale data centre campus in China.
Singapore-based real estate major CapitaLand Ltd announced that it is expanding into China’s data centre market, the world’s second-largest and the largest in Asia Pacific, by acquiring its first hyperscale data centre in Shanghai for 3.66 billion ($564 million).
Create an account to continue reading our free content.
Already have an account? Sign in here
Bring stories like this into your inbox every day.
Sign up for our newsletter – The Daily Brief
Related Stories
GDS and GIC will initially focus on build-to-suit (BTS) data centres outside China’s Tier 1 cities.
The first building with a gross floor area of 30,000 square metres is expected to be completed in 2021.
