Goodman Continues Data Centre Power Transformations in Asia
From developing its first data centre in Hong Kong in 2006, Goodman has transformed its data centre operations in Asia.
Nearly 20 years later, the company continues to secure projects, as it works towards boosting digital growth in the regions it serves. In fact, Goodman has agreed to deliver new data centre power capabilities across Japan and Hong Kong.
This announcement comes in the midst of the Asia-Pacific (APAC) region undergoing ground-breaking transformations in the data centre industry. The data centre colocation market across APAC alone will reportedly reach US$19.3bn, thereby overtaking North America to rank first worldwide.
Contributing to Asia’s data centre expansion
Goodman Group is a leading global industrial property and digital infrastructure specialist. Over the past 15 years, the company has delivered 600MW of powered sites and is currently keen to expand and advance its data centre capacity in Asia as part of a focused global strategy in this sector.
The organisation has entered into agreements to deliver up to 1,000 MW of power in Japan, in addition to commencing construction of a new 50 MW data centre in Tsuen Wan in Hong Kong. Furthermore, the company has opened a new regional office in Singapore to further support the growth of its data centre strategy across the continent.
Site preparation and infrastructure works are currently ongoing and the project is expected to be completed in 2026.
Goodman has delivered 0.6 GW of data centres and powered sites globally for its hyperscale and colocation customers over the past few years alone. Its global data centre portfolio consists of a number of new data centre and technology hubs, having secured power and potential data centre projects across 12 major international cities.
Goodman’s Head of Asia, Paul McGarry, says: “Our ability to secure land and power in high demand locations in the tier 1 markets of Japan and Hong Kong has resulted in a very valuable power bank of 1.8 GW in Asia. This power bank, combined with our planning, architectural and engineering capabilities, and strong balance sheet, means Goodman is well positioned to continue to meet the growing demand for new, high value, high-tier data centre facilities in major cities across Asia.”
He adds: “The data centre sector is an area of growth for Goodman, with Asia continuing to be a key focus given the market’s demand and supply dynamic. We've got the capital, land and secured power, which combined with our proven engineering and delivery capability, will enable us to continue to deliver large-scale, high value, data centres.”
Keeping pace with increased demand
The new data centre in Japan is not the company’s first significant campus in Japan, already holding more than 300 MW of data centre developments in Chiba, Greater Tokyo.
Goodman is working to contribute to the booming data centre industry across Asia at the moment. Due to increased demand and investments into new technologies such as AI and cloud computing, business leaders are expanding rapidly to keep pace with customer needs.
Specifically, the Indian data centre market has exploded to become one of the fastest-growing nations in the world. In line with the country’s digital growth, it is expected that the nation’s data centre industry could reach US$4.5bn by 2025, reaching 1.318GW by 2024 and growing to 1.4GW by 2025.
Likewise, countries such as the People’s Republic of China continue to work with global businesses to expand their data centre presences worldwide, including developing new and innovative solutions like underwater data centres to pioneer sustainable and digitally transformative solutions.
To support growth within the region and meet the future requirements of its customers, Goodman works to develop high-quality data centres and technology hubs for the world's largest operators and cloud providers.
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