Gaw Capital Partners has acquired a data centre in Fuchu Intelligent Park, Fuchu City, on the outskirts of Tokyo in Japan.

The latest asset is situated near Meito Sangyo Building and Fuchu Building in Fuchu Intelligent Park, both of which were acquired in 2021 and 2022 respectively by funds under Gaw Capital’s management.

Gaw is currently developing these facilities in carrier-neutral Tier III data centres as Phase I and II. The new property will be demolished and redeveloped into Phase III of the data centres to capture the expanding demand in the market.

Isabella Lo, managing director, principal – investments and head of Japan at Gaw Capital Partners, said: “The completion of the transaction allows us to double the scale of our data centres in Fuchu City, positioning us as the largest data centre facility in Fuchu City in terms of IT capacity.” 

Kok Chye Ong, managing director – head of IDC Platform, Asia, Ex-China, at Gaw Capital Partners, said: “This acquisition reinforces the strategic positioning of our Pan-Asia IDC Platform. 

Rendering of Fuchi Intelligent Park property

Source: Gaw Capital

Rendering of Fuchi Intelligent Park property

“Japan has a sizable internet economy that is expected to continue growing across all key segments and our data centres attract strong interest from potential operators and hyperscale tenants.”

To read the latest IPE Real Assets magazine click here