AyalaLand Logistics and Singapore-based FLOW ink deal for carrier-neutral data centers
AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of Ayala Land, Inc. inks deal with FLOW Holdings I Philippines Pte. Ltd., the vehicle of FLOW Digital Infrastructure, for the development of carrier-neutral data centers across the Philippines as the country emerges as one of the preferred locations in the APAC region to host data centers due to its strategic location.
The initial rollout will target the delivery of a 4.5MW-capacity facility ready for service by the fourth quarter of 2023.
According to a press release from the Ayala Land unit, FLOW’s modular product deployment approach, combined with a strong focus on connectivity and sustainability, will help maximize design flexibility and accelerate time-to-market.
“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 Senior Vice President of Ayala Land.
ALLHC also said in the press release that the joint venture is pursuant to FLOW’s ongoing Asia-Pacific expansion, leveraging the team’s industry-leading design, development, and operation expertise in next-generation data centers.
“We are pleased to partner with ALLHC as they prepare to make this significant contribution to developing digital infrastructure capabilities in the Philippines. The decades of design and operational experience of the FLOW team, combined with ALLHC’s established record in industrial real estate development, makes this an ideal partnership to meet the rising demand for digital infrastructure in the country,” added Amandine Wang, CEO of FLOW Digital Infrastructure.
ALLCH's press release also noted that the Philippines data center market is expected to experience double-digit annual growth, driven by a significant increase in data consumption, digitization, 5G connectivity, and data localization trends.
ALLHC, a leading industrial real estate company in the Philippines, present in six growth areas nationwide. It currently has interests in real estate and property development of industrial parks, commercial and warehouse leasing, and providing other logistics and cold storage facilities.
Meanwhile, launched in 2021 by PAG, a leading alternative investment firm focused on the Asia Pacific, FLOW is a regional platform providing customized solutions to meet the growing demand for digital infrastructure in APAC.
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