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CapitaLand Investment expands global data center portfolio with development of its first data center in Japan
Transactions - FEBRUARY 4, 2025

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CapitaLand Investment expands global data center portfolio with development of its first data center in Japan

by Released

CapitaLand Investment Limited (CLI) has acquired a freehold land parcel in Osaka to develop its first data center in Japan, which will entail a total investment of more than $700 million. Approximately 50 megawatts of power capacity have also been secured for the project.

“CLI’s data center portfolio has expanded significantly over the last few years, and we are delighted to expand our footprint to Japan,” said Manohar Khiatani, senior executive director of CLI, who oversees the group’s data center business. “The acquisition is not only aligned with CLI’s digitalization investment theme but also enhances CLI’s geographical spread, deepening its presence in Japan, one of CLI’s focus markets. CLI’s strong balance sheet gives us the distinct advantage to invest strategically in quality assets, including data centers for our future private funds. Japan is a Tier 1 data center market poised for tremendous growth. It is projected to expand at a compound annual gro

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