LOGOS and Pure DC establish cooperation framework to develop sustainable hyperscale data centers across Asia-Pacific region
LOGOS and Pure DC establish cooperation framework
LOGOS, the Asia-Pacific industrial infrastructure development specialist, and Pure Data Centres (“Pure DC”), the global data centre developer and operator, today announced the establishment of a partnership aimed at developing critical data center infrastructure across the Asia Pacific region (APAC) bringing together each firm’s separate respective strengths. The agreement leverages LOGOS’s best-in-class logistics platform and reach across APAC with Pure DC’s leading hyperscale design and operational capabilities. LOGOS’s presence in ten operating markets across APAC offers global and localized resources covering the entire real estate life cycle coupled with certainty over new land acquisitions in supply constrained markets. Pure DC brings an established data center platform and a robust customer network as it services the industry’s most complex technical requirements.
Both LOGOS and Pure DC share a common vision for sustainability and aim to incorporate industry-leading sustainability objectives into design and operation. The partnership is committed to delivering carbon neutral facilities, using renewable power and minimizing water usage on all their projects. The companies expect that projects developed under this arrangement will help facilitate the rollout of new large-scale renewable power infrastructure in underserved markets.
LOGOS’ Head of Infrastructure, Frederic Devos said: “There is an acute undersupply of mission critical data center infrastructure in Asia-Pacific and we are pleased to partner with Pure DC to increase the availability of these essential assets. Both Pure DC and LOGOS are committed to deliver best-in-class sustainability metrics while improving the capital efficiency of this sector across the region.”
Pure DC’s Chief Executive, Martin Lynch said: “We are delighted to expand our already successful relationship with LOGOS, who share our desire to be at the forefront of innovation and sustainability. This partnership will enable us to deliver the large-scale sustainable data centres customers demand, across the ten geographies where LOGOS operates and holds assets. Combining this asset base with our excellent technical and operational know-how provides a greatly simplified and repeatable delivery solution for the world’s leading technology companies as they seek to expand in multiple geographies across the region.”
LOGOS Managing Director & CEO, Trent Iliffe added: “Our existing partnership with Pure DC has evolved to accommodate LOGOS new approach to developing and investing into fully fitted out data centers. The combination of LOGOS’s real estate portfolio and in-country development resources with Pure DC’s technical and operational expertise allows us to meet any customer need. We believe this expansion of our relationship provides a unique gateway for the many international clients seeking to enter this region through a consistently repeatable interface on a one-stop basis.”
LOGOS is a dynamic and growing industrial infrastructure development specialist with operations across Australia, China, Singapore, Indonesia, Malaysia, Vietnam, India, Korea and New Zealand. LOGOS’ shareholders include ARA Asset Management, the largest Asia Pacific real assets manager with US$95 billion in gross assets under management globally; Ivanhoé Cambridge, a Canadian real estate industry leader investing in in high-quality properties and companies with C$60.4 billion in real estate assets globally; and LOGOS’ founders.
LOGOS manages every aspect of logistics real estate, including investment management, sourcing land or facilities and undertaking development and asset management, on behalf of some of the world’s leading global real estate investors. LOGOS has over 8.9 million sqm of property owned and under development, with a total completed value of over A$21.5 billion, across 26 ventures. For more information: www.logosproperty.com
M: +65 9752 3820
About Pure Data Centres
Pure Data Centres Group is a leading global data centre operator specializing in the design, build and operation of world-class data centres. Pure DC focuses on servicing the requirements of the world’s most demanding hyperscale users. Established in 2015, Pure DC is headquartered in London, UK and currently has over 250MW of IT capacity under development in markets across Europe, Asia, the GCC and Africa. Pure DC is backed by funds managed by Oaktree Capital Management, L.P., a leader among global investment managers specializing in alternative investments with $158 billion in assets under management as of September 30, 2021.
For more information: www.puredc.global
M: +971 (0)50 566 5431