APAC Data Centre Update: H2 2024

SEL SOUTH KOREA

H2 24

RECENT SITE SALES SITE / PROPERTY

SIZE

SALE DATE

SALE PRICE (US$) BUYER

SELLER

Macquarie Korea Infrastructure Fund

Hanam-Si, Seoul

41,919 sqm August 2024

$538.4M

IGIS Asset Management

SIGNIFICANT CONSTRUCTION UPDATES +

CONTACTS

COMPANY

DATA CENTRE

LOCATION

POWER (TOTAL CAPACITY†)

STAGE - EST. RFSˆ

JOHN PRITCHARD Head of Tenant Advisory Group, Korea john.pritchard@cushwake.com

STT Telemedia

Gasan Data Centre

Geumcheon

30MW (30MW)

U/C- 2026

SEL01

Geumcheon-gu

15MW (15MW)

U/C – 2025

RORY NEWMAN Senior Manager,

SEL2

Incheon

12MW (96MW)

U/C- 2025

Leasing Tenant Representation rory.newman@cushwake.com

Gangnam IDC

Seocho

30MW (30MW)

U/C - 2025

JOE KIM Senior Manager, Leasing Tenant Representation joe.kim1@cushwake.com

Equinix

SL2x

Hyangdong

12MW (22MW)

U/C

Gasan Iwill Data Centre Bucheon Peach Data Centre

Geumcheon Bucheon

13MW (26MW) 6MW (48MW)

U/C – 2025 U/C - 2026

KT

SUKI KIM Head of Research suki.kim@cushwake.com

Bucheon AI Data Centre

Bucheon

4.8MW (4.8MW)

U/C

GS E&C

Magna Data Centre

Gyeonggi

12MW (12MW)

U/C - 2026

CHLOE KWON Assistant Manager, Logistics & Industrial Research chloe.kwon@cushwake.com

CUSHMAN & WAKEFIELD | ASIA PACIFIC DATA CENTRE MARKET OVERVIEW