STACK Infrastructure and ESR to form a joint venture.

STACK Infrastructure, a digital infrastructure partner, and ESR, an Asia-focused real estate services and investment company, agreed to form a joint venture to develop a 48MW data center site in Incheon, Korea. Financial terms were not disclosed. “STACK’s opening of a fifth APAC market in 12 months, expanding on our recent developments in Melbourne, Canberra, Perth and Tokyo, enhances our focus on our customers’ strategic requirements by establishing a scalable presence in existing and emerging Tier 1 data center markets. We are excited about our partnership with ESR, which illustrates our ability to work with market leading real asset managers, leveraging our combined expertise to the benefit of our customers," Pithambar (Preet) Gona, STACK CEO of APAC.