Ayalas partner with FLOW to put up more data centers as it seeks a substantial market share
Property

Ayalas partner with FLOW to put up more data centers as it seeks a substantial market share

AyalaLand Logistics Holdings Corp. has teamed up with FLOW Holdings to develop data centers across the country, which has become a preferred location in the Asia Pacific region by multinational firms due to its strategic location.

The joint venture plans to initially deliver a 4.5 megawatt capacity facility, slated to be operational by the fourth quarter of 2023.

It is s pursuant to FLOW’s ongoing Asia-Pacific expansion, leveraging the team’s industry- leading design, development, and operation expertise in next-generation data centers.

The Philippines data center market is expected to post double-digit growth, driven by a significant increase in data consumption, digitization, 5G connectivity, and data localization trends.

FLOW was launched in 2021 by PAG, a leading alternative investment firm focused on the Asia Pacific with $50 billion in assets under management, including $ 2 billion in data center assets.

“This investment will contribute to the Philippines’ transition to a digital economy. Furthermore, we believe this partnership with FLOW enhances the value of ALLHC’s industrial landbank,” said Jose Emmanuel H. Jalandoni, president and CEO of ALLHC and SVP of Ayala Land.

 

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