Asians Willing to Pay a Premium for Tech-Enabled Spaces: JLL Report
An overwhelming majority of those who occupy commercial real estate in the Asia Pacific region, are willing to spend extra on tech-enabled spaces, says a report by real estate consulting firm Jones Lang LaSalle (JLL). The report titled 2023 Global Real Estate Technology Survey found that 93 percent of occupiers in Asia Pacific, said that […]
Data Centers getting Dearer in Asia: Turner & Townsend Report
It is becoming increasingly expensive to build and operate data centers in Asia, says a report by global professional services company Turner & Townsend. The report titled Data Center Cost Index 2023 analyses 46 global markets, and finds that Tokyo is the most expensive place to build data centres at US$13.7 per watt, followed by […]
LCL Data Centers sets sights on sustainability and growth with €120 million expansion
Over the course of the next two years, Belgian data center specialist LCL Data Centers is set to invest €100 million as it expands two of its facilities; LCL Brussels-West and LCL Brussels-North. A total of €120 million will be spent as it also seeks to improve sustainability measures. Due to the increase in customer […]
Construction underway on Infinaxis in Cyberjaya’s ‘Silicon Valley’
Work is underway on a joint venture between real estate private equity business Gaw Capital Partners and investment platform A3 Capital, making headway for new development in Malaysia’s ‘Silicon Valley’ in Cyberjaya’. Titled Infinaxis, the data center marks another step in the area’s growth as it seeks to adapt to the ever-growing demand for hyperscalers, […]