Construction giant enters data center business
Construction giant Obayashi Corporation announced its entry into the urban data center market with the establishment of a new development and operational firm called MiTASUN.Read more
Inzai City’s data center boom boosts tax revenues and land values
Inzai City in Chiba is experiencing a data center rush and a doubling in city tax revenues as major operators set up shop in the once-sleepy bed town. The rapid influx has led to the Chiba New Town station area, in Inzai, being nicknamed ‘DC Ginza’.Read more
Sharp to repurpose LCD factories for AI and semiconductor-related use
It might have seemed like the end of the line for Sharp’s LCD factories, as strong offshore competition saw the electronics maker face a second year of losses in 2024. With LCD production winding down, the company is repurposing some of its plants across Japan by collaborating with other manufacturers, especially those in the AI and semiconductor space.Read more
Google-related company to buy land in Wakayama
Wakayama City is expected to soon sell a long-idle site in an industrial park to Google-related company, Asa GK, with a datacenter planned for the 37-hectare site.Read more
Shinagawa data center to sell for 70 billion Yen
Sekisui House Reit has sold the trust beneficiary interest in the Gotenyama SH Building for 70 billion Yen (US$517 million), a 36% premium over what it was acquired for in 2014. The sale price exceeded its appraisal value by 13%.Read more
New data center planned for Nihonbashi
Real estate giant HULIC is embarking on a redevelopment project that will see an older office building demolished to make way for a new data center in Nihonbashi.