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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

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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.

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    Data centresCapitaLand Investment

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