GLP has unveiled plans to invest more than JPY1.5trn (€11bn) over the next five years to develop data centres in Japan.

It plans to deliver 900MW of power capacity focussing on Greater Tokyo and Greater Osaka.

GLP expects to break ground on its first Japan data centre campus in Greater Tokyo in 2023, with the first building expected to be ready for service from 2024.

Yoshiyuki Chosa, president of GLP Japan, said: “We have a two-decade track record in developing, owning and operating state-of-the-art, sustainable logistics facilities that make the world run more efficiently.

“Our further expansion into data centres is a natural extension of our mission to provide critical infrastructure systems to support increasing digitalisation in the new economy.”

Digital infrastructure is a key growth engine for GLP, sitting alongside its established logistics real estate business and its emerging renewables business. GLP is developing a comprehensive digital infrastructure business globally of more than 2,500MW.

In China, GLP is one of the largest vertically-integrated data centre operators. In addition to China and Japan, GLP has secured prime data centre campus sites in Europe.

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