JLL makes enhancements to Japan data centres platform

TOKYO, 13 June 2024 – JLL (NYSE: JLL) today announced major enhancements to its Japan data centres services platform. To cater to growing demand for specific data solutions in Japan, JLL has appointed Fuminori Asaki, Masue Suzuki and Andrew Dolan, respected data centre advisory professionals, to lead the enhanced platform and serve the growing requirements of investor clients looking to enter the attractive Japan data centre market.

Given the unique challenges of underlying data centre infrastructure, coupled with complex real estate requirements and regulations, clients are increasingly demanding a diverse platform of advisory services when entering this market.

“Japan’s data centre sector has emerged as one of the most appealing alternative asset classes globally, attracting attention from an increasingly diverse and international cohort of real estate investors,” says Rohit Hemnani, Chief Operating Officer and Head of Alternatives, Capital Markets, Asia Pacific, JLL. “These enhancements will complement JLL’s existing data centre platform across Asia Pacific and provide our clients with unparalleled expertise and the ability to deliver outcome-driven solutions.”

Asaki rejoins JLL as Head of Data Centre Advisory Services, Japan. With his deep industry expertise and extensive network, he will be crucial in leveraging JLL’s market-leading position and providing unmatched client advisory solutions. His expertise encompasses all data centre transactions services, including site selection, development, and sales. Asaki previously worked for JLL as a Senior Director, focusing on the data centres space. He also brings broad experience from CBRE Investment Management, Mercer Investment Manager and technology experience at leading financial institutions including Goldman Sachs, BNY Mellon and SMBC Nikko Securities.

Suzuki brings experience in marketing to overseas investors across various asset sectors. She also has expertise in presenting Japanese markets to incoming investors, and acquisition support including underwriting and product development. She also will play a critical role in advising on capital partnerships and joint ventures in the data centre sector. Prior to joining JLL in 2024, she gained expertise through multiple years in various asset management companies such as Savills Asset Advisory and IDERA Capital Management. She started her career in the real estate investment business in Goldman Sachs Realty Japan. Based on her previous experiences, Suzuki will bring investors’ perspectives to JLL’s data centre service platform.

Dolan has relocated from Korea to join JLL’s Japan Capital Markets team. He has vast experience in the technology and logistics and industrial sectors, and will bring a client-centric approach to ensure the seamless execution of data centres, and logistics and industrial projects in Japan. For JLL, Dolan has previously served as Head of Valuations, Korea, and other advisory roles in the Korean market, He also brings business development experience from LOGOS Group in Korea.

“We recognized a need to better empower clients to make actionable and informed decisions in this highly specialized sector. When looking to enhance our Japan data centre capabilities, Asaki, Suzuki and Dolan emerged as natural choices given their deep expertise and ability to grow client relationships,” says Ryuta Takeuchi, Head of Capital Markets Japan. JLL.