FIRST TWO BUILDINGS ARE READY
Industrial property investment company, Goodman, has opened a new large scale data center facility located in Tsuen Wan, Hong Kong.
Known as Goodman Tsuen Wan West precinct, the data center property is a former Central Textiles factory site which Goodman acquired in 2014. With the latest development or conversion, the facility now comprises four buildings that offer a total of 1.6 million square feet of data center space.
“Goodman Tsuen Wan West is the latest showcase of our commitment to urban regeneration, while meeting the surging demand both locally and regionally for high-tier data centers, technology infrastructure and emissions reduction objectives,” said Kristoffer Harvey, CEO Greater China, Goodman Group.
“This development combines our focus on optimizing our properties for people and technology, helping deliver the infrastructure shaping the development of the digital economy in Hong Kong and the Greater Bay Area.”
As announced, each building is powered by independent energy sources and can accommodate high range of data center, IT, telecommunications and industrial workloads.
The first two buildings are now complete and fully leased by two of Goodman’s major global customers, while the remaining two buildings are currently under construction and expected to be ready in 2024.
Recently in Hong Kong, Carrianna Group Holdings, an investment firm, announced the commencement of operations at its latest data center which is located in Kwai Chung, Hong Kong. This Kwai Chung data center was developed with joint investments from Carrianna, Jun Gao Holdings Company Limited and Dr. Quentin Tsang.
Across Asia Pacific, data center solutions provider, Big Data Exchange (BDx), also with footprints in Hong Kong, announced that it plan to expand into Indonesia through the signing of several investment agreements including an acquisition and joint venture.
Valued at US$300 million at the time of announcement, the BDx investment transactions comprise a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), PT Aplikanusa Lintasarta, and PT Starone Mitra Telekomunikasi (SMT), followed by a series of commercial and operational agreements.