GIC-backed SpaceDC launches premium data centre in Jakarta
Singapore
GIC-BACKED SpaceDC on Wednesday launched JAK2 - a 1.45 megawatt (MW) premium data centre for the South-east Asia market. The facility is based in Jakarta, Indonesia, the data centre company said in a press statement.
JAK2 - established in partnership with GIC - is the first data centre by SpaceDC. It has been certified as a Tier III facility by global data centre authority Uptime Institute. A Tier III facility requires no shutdowns when equipment needs maintenance or replacement.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2