Global law firm A&O Shearman has advised Malaysian real estate firm Sime Darby Property (SDP) on a $1.2 billion agreement to develop and lease a data centre campus in Malaysia with Google-backed Pearl Computing Malaysia.
The 77-acre property in Elmina Business Park, Kuala Lumpur, will be leased to Pearl Computing for an initial period of 20 years with two options to extend for five additional years. The data centre is expected to be operational by 2027. This partnership marks SDP and Pearl’s second collaboration to enhance data centre capabilities in Malaysia, following their first project, which is expected to go live in 2026.
Malaysia’s strategic location, affordable costs, and government incentives make it an attractive choice for expanding digital infrastructure across the region.
“The data centre campus will serve as a critical hub for digital transformation, providing robust and scalable infrastructure to support the burgeoning demand for cloud services and data storage in Southeast Asia. This partnership exemplifies the dynamic interplay between private capital and technological advancement, driving economic growth and innovation,” said Saranpaal Calais, a partner at A&O Shearman.
The A&O Shearman team was led by Calais, with support from attorneys Rosie Cavdarski and Nurul Zamzami. Specialist engineering, procurement and construction advice was provided by Emma Perrin and Christopher Parrott.
Denver-based Stack Infrastructure has also recently entered Malaysia’s data centre market with plans to establish a new 220MW campus in Johor Bahru in two phases.
