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Hyperscaler Signs 20-Year Lease for 50MW at Goodman's Tsukuba Tech Central Data Center in Japan

By: IDCNOVARegion: East Asia
An unnamed hyperscaler has committed to a 20-year lease for 50MW of capacity at Goodman's Tsukuba Tech Central data center, marking a significant step forward for one of Japan's largest planned digital infrastructure projects. The Australian real estate and logistics giant announced the agreement on Monday, August 17, underscoring sustained demand for large-scale compute capacity in the Tokyo metropolitan region.

The leased space will be delivered as part of TKO05, the first phase of a broader 1GW development on a 45-hectare site in Tsukuba City, located approximately 50 kilometers northeast of Tokyo. Goodman confirmed that TKO05 is scheduled to be ready for service in early 2028. The company originally acquired the land parcel from the local government in 2022 and unveiled plans to develop the 1GW campus in January 2024.

The deal reflects the accelerating pace of hyperscale cloud and AI infrastructure deployment in Japan, where land availability, power access, and proximity to major population centers are becoming increasingly constrained. Tsukuba, known as a hub for science and technology research, offers a strategic location with relatively strong grid infrastructure and room for large-scale campus development.

Globally, Goodman said it holds a 6.4GW power bank across 16 metropolitan cities, which includes 700MW of stabilized assets already delivered and 400MW currently under development in supply-constrained markets. The company is simultaneously advancing other major projects, including the LAX01 Vernon campus in Los Angeles, the HK10 facility in Hong Kong, and the AMS01 development in Amsterdam.

In the Greater Tokyo area, Goodman's Business Park in Inzai, Chiba, already hosts more than 300MW of data center developments, further cementing the firm's footprint in one of Asia's most active data center markets. In May, the company was also appointed as the lead development partner for a potential data center campus in Sagamihara City, Kanagawa Prefecture, indicating continued expansion across the region.

Industry observers note that long-term leases with hyperscale tenants are critical for financing large-scale data center builds, as they provide the revenue certainty needed to support substantial capital expenditure. The 20-year term of this agreement signals strong confidence in the long-term viability of the Tsukuba site and the sustained growth of cloud demand in Japan.