ESR and CloudHQ Partner for $2 Billion Data Centre Campus in Japan

ESR Group, a Hong Kong-based real estate manager, has announced a partnership with U.S.-based data centre provider CloudHQ to co-develop and operate a $2 billion data centre campus in Osaka, Japan. The facility will be built in three phases, with the first phase set to be operational by June 2025, delivering 25 megawatts (MW) of capacity.

This collaboration comes at a time when the growing demand for artificial intelligence (AI) is fueling a global surge in data centre investments, with real estate managers, private equity firms, and global investors racing to meet this demand. The new campus in Nanko Kita, Osaka, is expected to offer a total of 130 MW of data centre capacity upon completion.

ESR views this joint venture as a significant step in its broader strategy to expand and enhance its data centre capabilities. According to Diarmid Massey, CEO of ESR Data Centres, the company remains confident in the long-term growth potential of the data centre market in Japan and across the Asia-Pacific region.