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Goodman raises $455m for its Hong Kong data center partnership

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The Agentic AI Supplement.

Goodman Group has raised $455 million for its Hong Kong Data Centre Partnership (GHKDCP).

Key facts

Summary

Proceeds from the equity raise will predominantly fund the mechanical and electrical fit-out of Goodman HKG10, GHKDC’s data center in Tsuen Wan, which will be operated by Goodman. HKG10 will be located in an existing Goodman warehouse, with first capacity ready for service in early 2028. Paul McGarry, Goodman’s Head of Asia, said: “This equity raise is a clear endorsement of the strategy they set out when they launched the $2.7 billion investment partnership over a year ago. “The continued support of existing investors, alongside contributions from new investors, reflects confidence in the quality of the portfolio, the depth of customer demand and the opportunity for well-located data center capacity in Hong Kong.

#Hong Kong #Japan