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Lendlease launches $600m hyperscale data center project in Japan
Transactions - AUGUST 16, 2021

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Lendlease launches $600m hyperscale data center project in Japan

by Released

Lendlease has announced its first data center development in Japan under Lendlease Data Center Partners (LLDCP).

With an end development value in excess of A$800 million ($600 million), the data center will be one of the largest in Japan.

Located in Greater Tokyo, the facility is sited on approximately 33,000 square meters (355,209 square feet) of land. The phased development is planned to deliver more than 60,000 square meters (645,835 square feet) of gross floor area, in which close to half of the site has been pre-leased. Construction will commence later this year with the initial phase to be completed by early 2024.

Japan is well-placed as a key connectivity and distribution hub for global hyperscale cloud providers, which, in turn, is driving high demand from data center service providers.

LLDCP is funded 20 percent by Lendlease and 80 percent by a global institutional investor. The fund’s mandate covers Australia, China, Japan, Malaysia and Singap

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