CapitaLand Investment Limited (CLI) is set to make its mark in Japan's booming data centre market with a groundbreaking US$700 million (S$944.3 million) investment. The real estate asset manager has secured a freehold land parcel in Osaka for its first data centre in the country, boasting 50 megawatts of power capacity. This strategic move aligns with CLI's ambitious expansion plans, having added 23 data centres to its portfolio since 2021. The project aims to meet the surging demand for AI-enabled digital infrastructure in Asia's largest data centre market outside China.
Source: CapitaLand Investment Limited press release