STACK Infrastructure, a leading global developer and operator of data centers, and ESR Group Limited, an Asia focused Real Estate services and investment company, today announced a joint venture to develop a 72MW data center campus in Osaka, Japan.
In the eastern suburb of Osaka known as Keihanna, STACK and ESR will jointly develop and supply 72MW of data center capacity. The first of the three buildings will begin construction in Q4 2023 and be completed by Q2 2025. The facility, which will be run under the STACK name, will strengthen the APAC relationship between STACK and ESR, which already includes a 48MW data center project in Incheon, Korea.
The strategically located campus will have strong network and power access to guarantee high reliability. The scalability to meet future expansion expectations is offered to hyperscale, cloud, and large business clients through several solution options, from colocation to custom build-to-suit. As workloads change, higher rack densities and industry-leading PUE, WUE, and building requirements complement sustainability goals.
According to Pithambar (Preet) Gona, Chief Executive Officer of STACK APAC, Osaka is the sixth APAC market STACK has entered in the past year, including expanding its footprint in Australia and Japan to over 100MW apiece. Their partnership with ESR is further strengthened by this campus, which enables them to pool their skills to satisfy the strategic needs of their clients in both mature and developing Tier 1 data center markets.
For Diarmid Massey, CEO of ESR Data Centres, ESR is well-positioned to continue developing data center facilities aggressively throughout Asia Pacific thanks to its excellent regional development capabilities in Tier 1 data center markets. Through their relationship with STACK, they may take advantage of their own advantages to focus on hyperscale client growth in important areas.
This achievement comes in the wake of recent announcements about STACK’s entry into the APAC market with the opening of its regional headquarters in Singapore, as well as its expansion into new markets with the opening of a 48MW data center in Seoul, Korea, a 36MW campus in Inzai, Japan, and 124MW across Melbourne, Canberra, and Perth in Australia.
ESR, on the other hand, is currently creating a portfolio of industry-leading and environmentally friendly data center solutions in Hong Kong, Osaka, Tokyo, Seoul, Sydney, Mumbai, and Singapore. This effort is being supported by ESR’s DC Fund 1, its newly announced data center investment fund, which has over US$1 billion in equity commitments for investments in digital infrastructure.
