In what could be a defining move in the global data centre space, Singapore-headquartered real estate investment manager SC Capital Partners is in talks to acquire Global Switch, a leading British data centre company, according to sources close to the matter.
The deal, if it materialises, could value Global Switch between $4 billion and $5 billion, potentially reshaping the digital infrastructure landscape in Europe and beyond. SC Capital—supported by CapitaLand Investment, a real asset management giant—is reportedly the only bidder currently in the running. Talks are still in progress, and the outcome remains uncertain, as sources emphasise that any agreement will depend on broader market conditions.
Global Switch, owned by Chinese steelmaker Jiangsu Shagang Group, has long been a prime target due to its extensive network of data centres and increasing relevance in the age of AI and cloud computing.
Founded in 2004, SC Capital manages over $6 billion in investments across Asia-Pacific and boasts more than 60 institutional investors. Last year, CapitaLand Investment acquired a 40% stake in SC Capital, with an option to take full control over the next five years.
The potential acquisition comes amid a global surge in demand for digital infrastructure, driven by technological advancements and the need for high-speed, secure data solutions.
While no comment was provided by the involved parties, the industry is closely watching this possible landmark transaction that could signal Asia’s growing influence in global tech infrastructure.
