Data center solutions provider Digital Realty Trust (DRT) completed the acquisition of a 15,000-square-meter site in Osaka at a purchase price of $10.5 million, slated to open in Q4 2014.
This marks DRT's entry into the Japan market.
Located about 20 km away from Osaka's central business district, the new data center has a power architecture that can support the delivery of 4.0 megawatts of IT capacity.
"Entering the Osaka market represents an important milestone in our growth strategy for the region as we continue to build a truly global data center platform," said Kris Kumar, senior vice president and regional head, Asia Pacific, for Digital Realty. DRT currently operates in 32 other markets worldwide.
According to a recent study on data center trends in Japan conducted by Campos Research & Analysis on behalf of DRT, 56% of the respondents said that they plan to expand their data centers in 2014. The findings were based on a survey of 100 senior decision makers at large corporations in Japan.