ASIA PACIFIC DATA CENTRE CAP DECK

BIG DATA EXCHANGE (BDX) Location

GLOBAL BANKING AND FINANCIAL SERVICES CLIENT Service Colocation renegotiation Date 2022 Power 100kW Demand Size 100 racks, 10 seats

OUR TRACK RECORD

OneTen Paya Lebar

Service

Brokerage

Date

2024

Power

14MW

Size

155,503 sqft (GFA)

Value

US$104M

Amidst severe scarcity of power supply and data centre colocation provision in Singapore, the sale of the industrial facility by Hwa Hong Corp, generated significant interest. BDx took over the facility and existing lease from Telstra in 2020 and opted to acquire their operating premises when the facility came to market in 2023 to better control occupancy costs and inject more certainty in their future business plans in Singapore, where they relocated their HQ to in 2022.

The client’s DR site was hosted with an operator in Singapore and appointed Cushman & Wakefield to renegotiate their contract with the existing provider. We evaluated the requirement and benchmarked it again the current requirements achieving 33% cost savings, which included reduction in the power output supplied to the customer and reworking of commercials.

CONTACTS Click on each name to email them

BRENDA ONG Executive Director, Logistics & Industrial

GLOBAL HYPERSCALE CLOUD PROVIDER Service Construction & fit-out Date Ongoing since 2021 Power 50MW

KEPPEL INFRASTRUCTURE TRUST & SHIMIZU Location 1-Net North Data Centre Service Disposal advisory Date 2019 Power 50MW Value US$148.2M Size 215,000sqft (GFA)

NIRALEE S SHAH Business Operations Manager, PDS, Asia Pacific JAMES NORMANDALE Alternative Assets Lead, Project & Development Services (PDS), Asia Pacific

In 2022, our Singapore Project Development Services (PDS) team completed the first two phases of construction and fit-out for one of Singapore’s latest greenfield data centre facilities. The scope comprised of both precast and in-situ elements, site infrastructure works, underground equipment chambers, rooftop equipment installations and authority compliance and handovers. The team overcame the challenges of completing the construction through 2021 and 2022 amidst the Covid-19 pandemic control measures, global supply chain and manpower shortages. The team have also secured additional construction management and building consultancy services including providing Registered Inspection (RI) services on this project, and other client project sites.

DARREN LU Senior Manager, Industrial Leasing

A noteworthy transaction of property with tenancy in the city-state where data centres are rarely offered in the market. Compounded by the government enforced moratorium, the asset was sold with technology security and sustainability certifications attained.

XIAN YANG WONG Head of Research, Singapore

CUSHMAN & WAKEFIELD | ASIA PACIFIC DATA CENTRE MARKET OVERVIEW

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