Earlier this year, a US$2.8 billion syndicated loan for Bridge Data Centres’ expansion in Malaysia included three local banks and more than 20 regional and global banks.
With data centre project financing needs rising, some of the data centre owner-operators’ stabilised assets could be listed as S-REITs.
To get an idea of the substantial financing required for data centre developments, on Sept 12, GIC and Abu Dhabi Investment Authority helped raise US$1.6 billion ($2.05 billion) for Vantage Data Centers. Vantage announced plans to expand into Johor by acquiring Yondr Group’s 300 megawatt (MW) hyperscale data centre campus in Sedenak Tech Park.
