Goodman Group signs 20-year lease for first 50 MW at Tsukuba Tech Central data centre campus in Japan
AI Market Summary
Goodman signed a 20-year lease with a global hyperscale customer for the first 50MW phase of its Tsukuba Tech Central data centre campus near Tokyo, advancing its planned 1GW buildout. With power secured from TEPCO and dark-fibre connectivity in place, the deal improves cash-flow visibility and de-risks initial capacity ahead of a 2028 start. Ongoing talks for additional phases signal continued hyperscale demand.
Impact level
● Medium
AI InsightAI Insight
▲ Bullish
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Goodman Group said it has signed a 20-year lease with a global hyperscale customer for the first 50 MW phase of its Tsukuba Tech Central data centre campus in Greater Tokyo. The campus forms part of the company’s planned 1 GW data centre development. The facility is expected to begin operating in early 2028. Goodman shares have fallen 18% over the past year, underperforming the S&P/ASX 200 index.
