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China’s GDS Holdings inks 39% net revenue growth for 2Q21

Chinese data centre developer GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) has reported net revenue growth for the second quarter of 2021 in the order of RMB1,863.9 million (US$288.7 million), a 38.9% increase over the second quarter of last year. Service revenue in the second quarter of 2021 was RMB1,863.0 million (US$288.5 million), a 39.6% increase over the second quar...

August 18

Brookfield to build 1.3m sqf Mumbai data centre

Alternative asset management firm Brookfield Infrastructure (TSX: BIP.UN; NYSE: BIP) has purchased a 30-acre piece of land in Navi Mumbai, India, to build an institutional data centre. The roughly 1.3 million square foot parcel in Airoli was sold by K Raheja Corp for a cash consideration of around Rs 550 crore (US$76.45 million), according to people familiar with the matter...

August 16

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