The 100MW facility in a prime location will have direct access to robust power infrastructure and major network routes
[SINGAPORE] Singapore-based institutional real estate investment management firm SC Capital Partners Group on Friday (Dec 5) began construction of a data centre in Osaka, which has been allocated 100 megawatts (MW) of power.
The first phase would have a total investment of around US$600 million.
Located on Nanko, a man-made island in Osaka Bay, the facility will have direct access to robust power infrastructure and major network routes. The group described this as a “prime location” for hyperscale and enterprise users.
It secured the necessary building permits ahead of the groundbreaking ceremony on Wednesday, the statement noted.
Pre-leasing discussions have started, with the project having received strong interest from leading global cloud-service providers and technology companies seeking scalable, energy-efficient capacity in the region, said the firm.
SC Zeus Data Centres, a vertically integrated data-centre platform subsidiary of SC Capital, will be the development manager and operating partner for the facility.
The project is supported by a consortium comprising an existing data-centre investment programme that SC Capital has with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), a major Japanese real estate developer, and SC Capital’s Real Estate Capital Asia, its flagship opportunistic fund series.
All capital required for the development has been fully secured. The project is slated to commence operations in early 2028.
SC Capital – which is 40 per cent owned by CapitaLand Investment following a S$280 million acquisition by CLI earlier this year – has called the Osaka groundbreaking a “milestone” for in its expansion into Japan’s Kansai region. This is in addition to the firm’s South Korea and other Asia-Pacific markets, where it is advancing other data-centre developments and acquisitions.
Suchad Chiaranussati, chairman and founder of SC Capital, said: “Japan continues to stand out as one of the most resilient and rapidly growing digital economies globally, underpinned by strong tenant demand, stable energy infrastructure and government initiatives.”
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