Reuters reports The Temasek-backed real estate asset manager has secured a land parcel in Osaka, along with 50 megawatts (MW) of power capacity, setting the stage for a significant entry into one of Asiaโs fastest-growing data centre markets.
This move is part of CLIโs broader strategy to capitalise on the surging need for high-performance computing facilities amid rapid digital transformation across industries.
โWith the rapid adoption of digitalisation and AI globally, and especially in Asia, data centre demand is expected to enjoy double-digit growth, far outstripping new supply,โ said Michelle Lee, CLIโs managing director of private funds (data centre).
The investment follows CLIโs steady push into data centre development and ownership, with the company adding 23 data centres to its portfolio since 2021.
The firm has been strategically expanding into key markets to support cloud computing, AI applications, and enterprise digital infrastructureโsectors that are experiencing unprecedented growth due to increased reliance on machine learning, automation, and big data analytics.
Osaka, Japanโs second-largest metropolitan area, is emerging as a major hub for data centre investment, thanks to strong connectivity, reliable power infrastructure, and proximity to major tech and financial industries.
With the countryโs digital economy accelerating, major cloud providers and tech firms are actively expanding their presence, making Japan an attractive market for real estate and infrastructure firms like CLI.