Japanese real estate firm Hulic is to build a data center in Tokyo.
Reported by Japan Property Central and local press, the company is planning a new facility on the site of an existing office it owns in the Nihonbashi area of the capital city.
It plans to demolish the office building and develop an eight-story facility. This will be one of Hulic’s first data center development project, and is due for completion in 2025.
Further data center specifications were not shared.
Sitting in a 967 sqm (10,400 sq ft) plot, the existing Kobunacho Kinen-Kaikan Building was built in 1982 and has a total floor area of around 6,800 sqm (73,200 sq ft); office tenants were fully vacated by the end of March.
Formed in 1957 as Nihonbashi Kogyo Co. from real estate owned by Fuji Bank (now Mizuho Bank), Hulic is a real estate company that focused largely on developing and managing office and commercial spaces.
According to its 2020 report, the company acquired the seven-story, 45,379 sqm Fuchu data center in Tokyo in 2019 operated by SoftBank. It also owns the Sumitomo Shoji Senri office and data center building.
The company is also developing a data center on land owned by subway operator Tokyo Metro in Shiohama, in the Koto-ku area of Tokyo.
