Macquarie’s Korea Infrastructure Fund, through a special vehicle, Green Digital Infra, has led the purchase of a KRW734bn (€491m) data centre in South Korea from local asset manager IGIS.
Macquarie said the 40MW Hanam data centre in Gyeonggi province was spread across 12 floors.
“With the growth of IT technologies such as generative AI and cloud services, as well as the growing need to outsource IT services, the growing demand of data centres is a key driver of digital infrastructure” said Jason Suh, the head of Macquarie Korea Asset Management said.
Macquarie, with a data centre portfolio spanning from the US to Asia, is looking to offload its majority stake in pan-Asian platform AirTrunk.
AirTrunk, jointly owned with Canada’s PSP Investments, is expected to fetch around A$15bn (€8.8bn) in the sale. It has attracted bids from infrastructure players including, IFM Investors in a consortium with DigitalBridge and Global Infrastructure Partners, Blackstone and CPP Investments.
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