01 The Deal
|Address||Block MM 12ABCD, KIIC, Karawang, West Java|
|Property Type||Prepared Industrial Land|
|Seller||PT Karawang Tatabina Industrial Estate|
|Buyer||Major global cloud provider|
|Deal Structure||Land Purchase|
02 The Challenge
The Indonesian data centre market has rocketed to major market status over the past two years, with Jakarta in particular expecting to triple in size over the next two. Locally the market has largely skipped over the intermediate colocation step, as five major cloud services will be running by early 2022, providing the vast majority of new data centre tenancy in Jakarta. The market thus provides an attractive battleground for data centre business in coming years, with enterprises and the customers they serve all increasing in needs and sophistication.
In this highly competitive market, the client was looking for three sites to form a digital hub in Greater Jakarta. They were looking for a site located within an established and zoned industrial estate, supported by adequate infrastructure and easy access to the toll road.
03 The Solution
We assisted the client with their first acquisition in Indonesia and the procurement of one of the first greenfield data centres projects within the KIIC estate, an established industrial area in east Jakarta jointly developed by Itochu Corp., Japan and Sinamas Group.
The site fulfilled the client’s complex prerequisites that included multi-fibre optic route connections and multiple power supplies.
04 The Result
KIIC was considered a relatively easy estate to negotiate with. All parties involved were satisfied with negotiations and all of the client’s detailed conditions were met.
Meet the Team
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