Sustainability Magazine November 2024 | Page 90

ESR builds efficient data centre solutions . Diarmid Massey , CEO of Data Centres , ESR Group , discusses creating the infrastructure for tomorrow
ESR
ESR builds efficient data centre solutions . Diarmid Massey , CEO of Data Centres , ESR Group , discusses creating the infrastructure for tomorrow

Just as e-commerce transformed logistics a decade ago , Artificial Intelligence ( AI ) is set to do the same to the data centre industry . Global data centre capacity is expected to double in the next five years , with APAC growing at a 20 % CAGR to 24,800 MW by 2028 , supporting over US $ 500bn in investments .

Across the Asia-Pacific region , one company has positioned itself at the forefront of this market : real asset manager ESR Group , which is one of the largest listed real estate investment managers globally and more specifically , the ESR Data Centres team . The company uses its expertise in logistics and industrial real estate development to meet the needs of cloud providers , hyperscalers and enterprises . ESR raised over US $ 2bn from investors , including some of the world ’ s largest sovereign wealth and pension funds , to develop greenfield and brownfield data centre projects across the APAC region . ESR has more than US $ 154bn in assets under management and more than 2,000 employees across the region . Clearly the company has the scale , local knowledge and resources to execute complex data centre projects .
Cosmosquare Data Centre , Osaka , Japan
Diarmid Massey , CEO of Data Centres , ESR Group , enjoys building data centres and rolling out the infrastructure needed for the connectivity of the future .
“ There ’ s an obvious synergy between building logistics facilities , tech parks and using that skill set and ability to build data centres ,” Diarmid explains . “ It comes back to the key strengths of the company – sourcing of land and development opportunities , permitting , planning and working with local contractors .”
The company is currently executing on an initial pipeline of over 575 megawatts of committed data centre sites , with
90 November 2024