Our subsidiary GFH Capital Limited ventured into the fast-growing data centre space with the acquisition of a portfolio exceeding US$100 million, based in Virginia, United States. The investment is undertaken in partnership with Corporate Office Properties Trust, a US$5 billion NYSE-listed REIT and one of the leading data center operators in the US.

The portfolio consists of two state-of-the-art, built-to-suit data center facilities located in high technology business parks in the US state of Virginia. Virginia is one of the nation’s top ranked data center markets due to key factors including the region’s dense fiber network, highly reliable and low cost infrastructure, low risk of natural disasters and targeted tax incentives for data centers. The investment provides our investors with exposure to the positive dynamics of the US real estate market and, in particular, increasing demand for data centers in the US-led by growth in cloud services and data storage needs with Virginia serving as top data center destination.