JLL Advises on Largest Ever Japan Data Center Transaction

OSAKA, JAPAN – 11 May 2026 – JLL (NYSE:JLL), a leading global commercial real estate services firm, today announced it has advised on a landmark data center transaction in Greater Osaka. The 40.5 megawatt (MW) facility represents the largest single-asset data center sale in Japan's history and a pivotal moment in the country's rapidly expanding digital infrastructure sector.

JLL advised an international investor on the disposal of the Tier III hyperscale data center in Greater Osaka for ¥156 billion (approximately $1 billion) on a 100% consideration. The purchaser, CapitaLand Ascendas REIT (CLAR), based in Singapore, completed the strategic acquisition, with the remaining interest held by a fund managed by a Japanese institutional investor.

“Japan is one of the most highly sought data center markets globally given its established economy, world-class energy infrastructure and supportive digital demographics. Osaka is a natural entry point for investors and JLL were unrivalled in its position assist our client, the seller,” says Ryuta Takeuchi, Head of Japan Capital Markets, JLL.

“We’re witnessing a surge of interest in marquee institutional investors actively looking to enter the Japanese and Asia Pacific data center market. The Japanese data center market is at the forefront of the much-anticipated ‘capital recycling phase’ of stabilised, operational data center assets. This transaction highlights the surge in liquidity at this juncture for high-quality data center investment product. Congratulations to all parties involved in this sale,” says Luke Jackson, Co-Head, Data Center Capital Markets, Asia Pacific, JLL. 

JLL analysis positions Japan is the second-largest data center market among developed countries after the United States. Japan's data centre market size (revenue) reached $23.4 billion in 2024 with growth projections for 2025-2030 indicate an annual average growth rate of 6.7%, reaching $33.4 billion by 2030.

This growth stems from demand factors, including increased domestic internet traffic and expanded AI utilisation, alongside fundamental advantages such as Japan’s geographical positioning as a North America-Asia Pacific connectivity hub, political stability, low power outage rates, high-fibre optic infrastructure development, and abundant skilled human resources.

According to JLL research, the global data center market is experiencing unprecedented growth, driven by accelerating digital transformation, cloud computing adoption, and the proliferation of artificial intelligence technologies. JLL projects that global data center capacity will need to expand significantly between now and 2030 to meet surging demand from hyperscale operators, enterprise users, and emerging technologies. AI workloads are expected to account for 50% of total capacity by 2030, up from 25% in 2025, requiring approximately $3 trillion in total investments by the end of the decade. 

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.