{"id":249478,"date":"2021-09-23T22:50:06","date_gmt":"2021-09-23T14:50:06","guid":{"rendered":"https:\/\/www.mingtiandi.com\/?p=249478"},"modified":"2022-08-15T14:44:43","modified_gmt":"2022-08-15T06:44:43","slug":"hyperscalers-drive-north-asia-data-centre-demand-mtd-tv","status":"publish","type":"post","link":"https:\/\/www.mingtiandi.com\/real-estate\/events\/hyperscalers-drive-north-asia-data-centre-demand-mtd-tv\/","title":{"rendered":"Hyperscalers Shaping Data Centre Demand in North Asia: MTD TV"},"content":{"rendered":"<div class=\"container-lazyload container-vimeo js-lazyload--not-loaded\"><a href=\"https:\/\/player.vimeo.com\/video\/612317431?h=ce1b18af16\" id=\"612317431\" class=\"lazy-load-vimeo preview-lazyload preview-vimeo\" data-video-thumbnail=\"https:\/\/i.vimeocdn.com\/video\/1249789697-8b36adfe7d7535929c9623f07a1371efaf59e8fa3ab8f5b0dc9306ea4d59269e-d_295x166\" data-video-title=\"Mingtiandi APAC Data Centre Forum 2021: Building North Asia Networks\" title=\"Play video &quot;Mingtiandi APAC Data Centre Forum 2021: Building North Asia Networks&quot;\">https:\/\/player.vimeo.com\/video\/612317431?h=ce1b18af16<\/a><noscript>Video can&#8217;t be loaded because JavaScript is disabled: <a href=\"https:\/\/player.vimeo.com\/video\/612317431?h=ce1b18af16\" title=\"Mingtiandi APAC Data Centre Forum 2021: Building North Asia Networks\">Mingtiandi APAC Data Centre Forum 2021: Building North Asia Networks (https:\/\/player.vimeo.com\/video\/612317431?h=ce1b18af16)<\/a><\/noscript><\/div>\n<p>With seemingly limitless demand bumping up against supply constraints and entry barriers in North Asia, hyperscale data centres continue to have plenty of runway for growth in some of the region\u2019s biggest and most mature markets, according to a panel of experts on MTD TV.<\/p>\n<p>Greater China, Japan and Korea now account for about 75 percent of data centre capacity in Asia Pacific, which in turn represents close to 45 percent of global capacity, says the consultancy Structure Research. But far from tapering off, investment seems primed for takeoff as hyperscale operators strive to meet the needs of large companies\u2019 ever-growing data centre footprint.<\/p>\n<p style=\"text-align: center;\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"mingt-582001005\"><a data-no-instant=\"1\" href=\"https:\/\/info.altusgroup.com\/apac-altus-valuation\/?utm_campaign=23_AA_APAC_VA_Brand_Mingtiandi-Display-Ads_Website&#038;utm_medium=display-digital&#038;utm_source=&#038;utm_content=Website&#038;sfid=7012M000002m8TN\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Altus - Valuation Management 780x250 Banner\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01.png\" alt=\"Altus - Valuation Management 780x250 Banner\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01.png 1560w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-400x128.png 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-1024x329.png 1024w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-1536x493.png 1536w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-640x206.png 640w\" sizes=\"(max-width: 1560px) 100vw, 1560px\" width=\"780\" height=\"250\"  style=\"display: inline-block;\" \/><\/a><\/div><\/p>\n<p>To shed some light on North Asia\u2019s opportunities and challenges, Mingtiandi founder Michael Cole joined Bill Gao, executive vice president and CEO for Greater China at BDx Data Centres; Thomas Liu, a partner at UK-based fund manager Actis; and Jabez Tan, head of research at Structure Research, for the final session of Mingtiandi\u2019s Asia Data Centre Forum 2021.<\/p>\n<p>During Thursday\u2019s one-hour event, which was sponsored by Yardi, the panelists touched on topics such as land and power procurement and how global hyperscalers are driving demand for extensive and connected data centre networks across the region.<\/p>\n<h3>More Room to Run<\/h3>\n<p>In Tan\u2019s view, it remains \u201cearly innings\u201d for North Asia\u2019s internet infrastructure evolution.<\/p>\n\n\t\t<style type=\"text\/css\">\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 33%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div data-carousel-extra='{\"blog_id\":1,\"permalink\":\"https:\\\/\\\/www.mingtiandi.com\\\/real-estate\\\/events\\\/hyperscalers-drive-north-asia-data-centre-demand-mtd-tv\\\/\"}' id='gallery-1' class='gallery galleryid-249478 gallery-columns-3 gallery-size-thumbnail'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/panel-building-north-asia-data-centre-networks\/attachment\/bill-gao-bdx\/'><img decoding=\"async\" data-attachment-id=\"246128\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx.jpg\" data-orig-size=\"780,794\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Bill Gao, Executive Vice President and CEO, Greater China, BDx Data Centres\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx-393x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Bill Gao, Executive Vice President and CEO, Greater China, BDx Data Centres\" aria-describedby=\"gallery-1-246128\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Bill-Gao-BDx-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-246128'>\n\t\t\t\tBill Gao, Executive Vice President and CEO, Greater China, BDx Data Centres\n\t\t\t\t<\/dd><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/panel-building-north-asia-data-centre-networks\/attachment\/thomas-liu-actis\/'><img decoding=\"async\" data-attachment-id=\"246135\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis.jpg\" data-orig-size=\"400,400\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Thomas Liu Actis\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis-400x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Thomas Liu Actis\" aria-describedby=\"gallery-1-246135\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/08\/Thomas-Liu-Actis-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-246135'>\n\t\t\t\tThomas Liu, Partner, Actis\n\t\t\t\t<\/dd><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/join-the-mingtiandi-data-centre-forum-2021\/attachment\/jabez-tan\/'><img decoding=\"async\" data-attachment-id=\"248737\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan.jpg\" data-orig-size=\"778,780\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Jabez Tan, Head of Research, Structure Research\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-400x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Jabez Tan, Head of Research, Structure Research\" aria-describedby=\"gallery-1-248737\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-400x400.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan-250x250.jpg 250w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/Jabez-Tan.jpg 778w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-248737'>\n\t\t\t\tJabez Tan, Head of Research, Structure Research\n\t\t\t\t<\/dd><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\n<p>\u201cI would say we\u2019re still very early stages of growth, especially for markets like Japan, South Korea, Taiwan and even Hong Kong,\u201d he said, noting that the special region has yet to see a second wave of large hyperscale deployments coming out of mainland China.<\/p>\n<p>Japan, whose data centre market is worth an estimated $7 billion, is only just getting started as Western and Chinese hyperscalers compete for market share in the world\u2019s third-biggest economy, Tan said.<\/p>\n<p>The presence of established hyperscale clouds in China under local giants like Huawei, Tencent and Alibaba \u2014 and the absence of comparable champions in Japan \u2014 makes for a \u201cperfect battleground\u201d in Japan for global hyperscalers like Amazon, Microsoft, Google and their Chinese counterparts, the analyst said.<\/p>\n<h3>Barriers to Entry<\/h3>\n<p>With Actis having invested in a pair of data centre projects in the Seoul area, Liu described some of the hurdles encountered when seeking sites in South Korea.<\/p>\n<p>\u201cIt\u2019s very hard to find land \u2014 especially land with the power \u2014 so that, from our experience, is the greatest barrier of entry to source projects that will have readily available demand from all the hyperscalers,\u201d he said. \u201cAnd if you look at projects that have been built in the last three to five years in Seoul, everything is leased up before completion.\u201d<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/oxford-ivanhoe-kic-savills-on-singapore-india-markets\/\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"14 NOVEMBER 2023 conrad centennial Singapore\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>Liu noted that the South Korean government is taking steps to ease the capacity crunch, including a plan to set up a new 100-megawatt cluster near the old Gimpo Airport serving Seoul.<\/p>\n<p>In China, where Actis has a joint venture with Chayora to develop data centres, similar snags arise when sourcing sites.<\/p>\n<p>\u201cIn Tier 1 cities, the government has been very strict in awarding new power quotas for new data centre projects,\u201d Liu said. On the other hand, with data centres having been named one of the five infrastructure priorities for the country, more capital is flowing into the sector, both internationally and domestically.<\/p>\n<p>\u201cWe\u2019ve seen a lot of domestic capital starting to chase data centre opportunities,\u201d Liu said.<\/p>\n<h3>China\u2019s Regional Reach<\/h3>\n<p>BDx\u2019s Gao is expecting China\u2019s hyperscale cloud service providers to drive demand for regional data centre networks like the one his company is building from its base in Singapore.<\/p>\n<p>\u201cThey are one of the most important customers for us,\u201d he said, adding that BDx facilities are already supporting some of the biggest Chinese players in streaming video.<\/p>\n<p style=\"text-align: center;\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"mingt-306792431\"><a data-no-instant=\"1\" href=\"https:\/\/www.yardi.asia\/Resource\/?resource=Data+Centres+Fuelling+the+AI+Future+%28White+Paper%29&#038;utm_source=mingtiandi&#038;utm_medium=website&#038;utm_campaign=wp23dcai\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Yardi - Data Centre v3_250\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/Yardi-Data-Centre-v3_250.gif\" alt=\"Yardi - Data Centre v3_250\"  width=\"780\" height=\"250\"  style=\"display: inline-block;\" \/><\/a><\/div><\/p>\n<p>Gao sees investment in undersea cables as the most important development to watch over the next 12 months, as these systems form the critical connectivity infrastructure to meet the growing bandwidth requirements of hyperscalers.<\/p>\n<p>You can watch the full discussion above.<\/p>\n<h3>Office Forum Up Next<\/h3>\n<p>With the data centre forum now in the books, the month of October brings Mingtiandi\u2019s <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/join-the-mingtiandi-office-strategies-forum-2021\/\">Office Strategies Forum 2021<\/a>, including sessions on the prospects of office investment and innovation in APAC markets.<\/p>\n<p>The forum kicks off on 12 October with a one-hour interview spotlighting the experiences and insights of a market leader. Mingtiandi founder Michael Cole will interview a top executive of the company live, while attendees will have the opportunity to join a question-and-answer session after the talk.<\/p>\n<p>On 19 October, a panel of experts will discuss office investment in core APAC markets like Hong Kong, Singapore, Tokyo, Shanghai and Beijing. Joining the show will be Rushabh Desai, APAC CEO at Allianz Real Estate; Terence Tang, managing director for capital markets and investment services in Asia at Colliers; and two other speakers to be announced.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"container-lazyload container-vimeo js-lazyload--not-loaded\">https:\/\/player.vimeo.com\/video\/612317431?h=ce1b18af16Video can&#8217;t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2021: Building North Asia Networks (https:\/\/player.vimeo.com\/video\/612317431?h=ce1b18af16)<\/div>\n<p>With seemingly limitless demand bumping up against supply constraints and entry barriers in North Asia, hyperscale data centres&#8230;&nbsp;<a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/hyperscalers-drive-north-asia-data-centre-demand-mtd-tv\/\">Read&nbsp;More>><\/a><\/p>\n","protected":false},"author":9671,"featured_media":249479,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3456],"tags":[7205,8275,5382,6441,5359,8380,8400,8663],"ppma_author":[8847],"authors":[{"term_id":8847,"user_id":9671,"is_guest":0,"slug":"christopher-caillavet","display_name":"Christopher Caillavet","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/500c291c35a85a2ad5827cf7c6d198e1?s=96&d=mm&r=g","user_url":"","last_name":"Caillavet","first_name":"Christopher","description":""}],"_links":{"self":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/249478"}],"collection":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/users\/9671"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/comments?post=249478"}],"version-history":[{"count":0,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/249478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media\/249479"}],"wp:attachment":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media?parent=249478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/categories?post=249478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/tags?post=249478"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/ppma_author?post=249478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}