CapitaLand Ascendas REIT Acquires Greater Osaka Data Center for $1 Billion
Type: Acquisition · Technology: Data Center · Country: Japan · Capacity: 40.5 MW · Value: $1B · Announced: 2026-05-11
CapitaLand Ascendas REIT has acquired a 40.5-megawatt Tier III hyperscale data center in Greater Osaka, Japan, for ¥156 billion (approximately $1 billion). This transaction marks the largest single-asset data center sale in Japan's history. CapitaLand Ascendas REIT secured the majority interest in the facility, with a Japanese institutional investor holding the remaining stake. JLL advised the international seller on the disposal of the asset. The acquisition highlights the growing interest from marquee institutional investors in the Japanese and Asia Pacific data center markets, particularly in the 'capital recycling phase' for stabilized, operational assets.
Counterparties
- CapitaLand Ascendas REIT (Buyer)
- JLL (Advisor Sell)