MC Digital Realty, a 50/50 joint venture between Mitsubishi Corporation and Digital Realty, has closed on the acquisition of a five-acre land parcel in Tokyo.
The site at the Inzai data center hub, a key high-density area with well-established utility and connectivity infrastructure, is home to a raft of primary global cloud providers and financial institutions, said Digital Realty., adding that demolition of the existing structure on the site will begin immediately and data center development is to commence in 2020, subject to planning approvals.
Digital Realty said the initial facility (NRT10) is expected to deliver over 35 megawatts of total IT capacity to global and regional clients by 2021.
“Through MC Digital Realty, we are powering our customers’ digital ambitions in Japan, with state-of-the-art future capacity in Tokyo, a longtime target market and one of the top financial and technology hubs in the Asia-Pacific region,” said Digital Realty CEO A. William Stein. “This important milestone enables us to continue executing upon our mission of providing our customers the trusted foundation for the digital world.”
Digital Realty APAC MD Mark Smith tipped the move as an important step in the next phase of the firm’s Japan growth strategy. “Tokyo is one of the most important data center markets in the world. This new land parcel will provide us with a solid foundation for our platform in Japan, enabling us to continue to support years of customer expansion, while broadening our positive impact on the local digital economy.”