Mitsubishi Estate to Build 2,500 MW Data Centers in Japan for $9.3 Billion

en.Wedoany.com Reported - Japanese real estate developer Mitsubishi Estate plans to invest approximately 1.5 trillion yen ($9.3 billion) to build large-scale data centers with a total capacity of 2,500 megawatts (MW) in Japan. The company's President, Atsushi Nakajima, revealed this investment plan.

Mitsubishi Estate plans to construct about 10 data center facilities, each with a capacity ranging from tens to hundreds of megawatts, totaling 2,500 MW. Nakajima stated that the company will subsequently collaborate with data center operators and investors to manage these facilities. This move is expected to position Mitsubishi Estate as one of Japan's leading data center operators.

Currently, the company has secured land and power supply infrastructure for five facilities in the Kanto and Kansai regions, with a combined capacity of 1,000 MW. This marks Mitsubishi Estate's first data center project in Japan. The company has previously gained experience in the United States, where it is developing 14 data centers at a cost of up to 2.3 trillion yen, with completion planned for 2030. Affiliates of several U.S. technology companies have committed to occupying these facilities managed by Mitsubishi Estate Asset Management.

Nakajima noted that despite rising construction costs, demand for data centers remains extremely strong, adding that these facilities are gradually becoming globally indispensable infrastructure. To advance the project, Mitsubishi Estate has established a dedicated office and recruited data center experts, while leveraging its strengths in land acquisition, data center design, and coordination with contractors and government agencies. In Japan, data centers are typically developed by major telecommunications companies such as NTT and SoftBank Corp., but in recent years, real estate developers have also entered the industry and taken the lead in facility construction.