Real estate private equity firm Gaw Capital Partners has acquired Fuchu Building located in Fuchu Intelligent Park in Fuchu City, a well-established data center cluster less than 30 km from central Tokyo. This transaction was announced through a fund under Gaw Capital Partner’s management.
The property is adjacent to Meito Sangyo Building in Fuchu Intelligent Park, an asset acquired in July 2021 by a fund under Gaw Capital’s management that has been under construction to redevelop into a carrier-neutral Tier III data centre as Phase I, the company said. Fuchu Building will be demolished and redeveloped into Phase II of the data center. The site enjoys convenient access via three subway stations within close walking distance.
The land size of Fuchu Building is 5,479 sqm. With this new land, the scale of the new data centers will double to a total land size of 10,969 sqm. Subject to final design, the IT capacity of the data centers is expected to double to 39 IT MW (4,040 racks), with a total power capacity of 50 MW, which will make it the largest data center facility in Fuchu City in terms of IT load.
Japan’s DC push
Japan is seeing increasing interest from global data centre operators as they see it as one of the ideal destinations to host their data. In February, GLP announced a substantial plan to enter the (Japan data centre) market. It has set a target of delivering 900 megawatts (MW) of power capacity, which would make the company one of the leading data centre operators in the country.
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