Data center properties have appeared on the market since last year. In the first half of last year, Koramco Asset Management put up a bid to sell its stake in K Square Data Center PFV, and held a bid for assets located in the Dangsan area of Yeongdeungpo, Seoul, which Actis held for data center development. It is still rare to see a change of ownership in the data center market, and with uncertainty looming over the financial markets, price gaps between buyers and sellers are not easily overcome, leading to difficulty in completing transactions. Negotiations are ongoing for the Guro data center development site, which selected PDG, […]