The Business Times
business-time-50

CapitaLand Investment to seed future data centre fund with US$700m investment in Japan

It is making disciplined acquisitions without acting like ‘a kid in a toy store’, says CLI’s Manohar Khiatani

Summarise
google-preferred-sourceAdd BT as a preferred source
Yong Jun Yuan

Yong Jun Yuan

Published Tue, Feb 4, 2025 · 05:00 AM
    • The company has deep local expertise in acquiring land sites, getting approvals, as well as designing and developing buildings, says CapitaLand Investment senior executive director Manohar Khiatani.
    • The company has deep local expertise in acquiring land sites, getting approvals, as well as designing and developing buildings, says CapitaLand Investment senior executive director Manohar Khiatani. PHOTO: BT FILE

    ASSET manager CapitaLand Investment (CLI) will invest more than US$700 million in a freehold land parcel in Osaka, Japan, to develop a data centre with 50 megawatts (MW) of capacity.

    The company announced on Tuesday (Feb 4) that the investment will seed a future data centre fund.

    In an interview with The Business Times, CLI senior executive director Manohar Khiatani said that the company is bullish on data centre demand, and that the move is part of its strategy of leveraging different liquidity pools to grow its portfolio.

    Data centresCapitaLand Investment

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The exterior (left) and interior (right) views of Waterwall House, featuring glass interfaces, open voids, split levels and raw concrete walls.

    Rare brutalist Singapore house opens to the public before changing hands

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More