Stonepeak-backed Digital Edge has formed a partnership with Japanese real estate developer Hulic, to build a data centre facility in downtown Tokyo.
The project, known as TYO7, will be situated near Otemachi will be ninth data centre in Japan for Singapore-headquartered Digital Edge which has over US$1bn (€931m) in deployed and committed capital
Samuel Lee, CEO at Digital Edge, said: “This strategic project is another important step in our journey to build a regional platform and establish a thriving digital ecosystem across Asia.”
Lee said his company would be able to leverage the local market knowledge of Hulic, “a well-respected Tokyo-based real estate developer” as it deepened its presence in the Japanese market.
Tadashi Nakajima, senior executive managing officer at Hulic, said: “As we look towards the future, we are excited to commence our first data center operation and development project at such an important site in Hulic’s history.”
Kei Furuta, president and chief revenue officer at Digital Edge, said: “This project will provide depth to our existing platform, offering much-needed high-quality colocation and interconnection options to customers in downtown Tokyo.”
Digital Edge provides data centre and fibre services across Asia, with a presence in China, India, Indonesia, Japan, Korea, and the Philippines.
To read the latest edition of the latest IPE Real Assets magazine click here.