Mapletree buys $139mn plot to build Hong Kong data centre
The real estate investment group - acting through its subsidiary, Mapletree TM - recently announced the successful land tender to purchase a 4,000 square metre plot in Hong Kong’s Fanling, New Territories district. The group reportedly paid HK$813mn (approximately US$139mn) for the real estate parcel.
Mapletree will use the land as the site of a new data centre development, its first in Hong Kong, which is expected to come online in 2023. The 4,000 square metre land parcel will be home to a multi-storey data centre with an approximate available floor space of 20,140 square metres, capable of delivering up to 50MVA of building power.
Mapletree says it plans to lease the building wholesale to either an “end user or data centre operator” upon completion. Located just six km away from the Chinese mainland district of Luohu, Mapletree also intends for the new facility to deliver connectivity services to Chinese cloud firms based in the tech and industrial city of Shenzhen.
“Long-term macro drivers such as growing cloud computing, e-commerce as well as the impending 5G network, are expected to drive demand for data centres,” commented Mapletree’s Regional Chief Executive Officer for Australia & North Asia, Wong Mun Hoong in a company press release.
“Hong Kong SAR stands out as an attractive location for data centres with its advanced telecommunications infrastructure, reliable power supply at reasonable cost, limited climate risks as well as strong demand from local corporations for cloud services.”
Mapletree already owns several non-data-centre-related developments in Hong Kong, including the Festival Walk retail and office property, held by Mapletree North Asia Commercial Trust, and nine logistics properties held by Mapletree Logistics Trust. As at 31 March 2020, Mapletree owned and managed S$60.5bn worth of office, retail, logistics, industrial, data centre, residential, and lodging properties worldwide.
The group owns and oversees a number of data centre facilities in Singapore and the US through its joint venture, Mapletree Redwood Data Centre Trust. The trust operates a portfolio of 14 data centres across the US, including facilities in Atlanta, Charlotte, and San Diego.
NKG1 opens BDx Nanjing data centre campus
Big Data Exchange (BDx), a pan-Asian data centre company has launched its Nanjing data centre campus in China with the opening of its first facility, NKG1. The company said they “celebrated” the launch of the campus, located in the Yangtze River Delta, one of the nation's richest regions and its largest import and export base.
Following its certificate of completion from the Urban and Rural Construction Bureau of Jiangning District in Nanjing City, the NKG1 campus is “now serving customers”. Construction on the Nanjing campus began in February last year.
"We worked through the challenges of completing a major construction project during the peak of the pandemic because customers were anticipating this launch to support an unprecedented surge of growth and capacity requirements”, said Bill Gao, EVP & Chief Executive Officer of BDx Greater China.
"The launch of NKG1 enables BDx to have new world-class data centre infrastructure in China. It also lays a solid foundation for BDx to provide OTTs, financial services institutions, and Fortune 500 MNC customers with high reliability, high redundancy, and low latency solutions”, he added.
What does the NKG1 data centre include?
According to BDx, the NKG1 facility is the first data centre in the city to earn the Uptime Institute Tier III Certification of Design Documents and offers 4MW of IT power for colocation. NKG1 is powered by two separate 10-kilovolt feeders from two substations that aim to provide the NKG campus with 60MVA of total power sanctioned from the grid.
During COVID-19, BDx says that its design and construction team focused on safety to ensure that the project was completed safely and without incident. This enabled the company to add critical capacity to this region and respond to the accelerated shift to digital environments that caused a surge in demand for data center services. “Research shows that demand hasn't dropped as the economy reopens”, BDx said.
The launch of NKG2
Due to rising demand in China’s data centre market, BDx plans to launch the second phase of its Nanjing campus, NKG2, by the end of this year. “NKG2 is designed to be minimally manned and almost lights-out — a reigning philosophy across BDx's data center cluster. In addition, its highly automated features make for a more sustainable data center environment”, the company said.