A growing number of Filipinos belonging to the high-income group and the lower income bracket have been buying properties for their homes outside Metro Manila since the start of the pandemic. In an online press briefing held on February 16, Santos Knight Frank senior director and head of research and…
DATA CENTER. YCO CloudCenters (YCC) is investing US$500 million in the Philippines for the next three years for a 12-megawatt data center in Malvar, Batangas. The first data hall, YCO Manila Digital 1 will be delivered by the second quarter of 2023. (Photo courtesy of Santos Knight Frank) MANILA - As the Philippines aims to be a hub for hyperscalers in the Asia Pacific region, a world-class data center will soon rise in Malvar, Batangas. In an e-mail message Thursday, real estate service firm Santos Knight Frank (SKF) Occupier Solutions and Services Manager for Data Centers lead person Monica Gonzalez told the Philippine News Agency that YCO Cloud Centers (YCC) eyes to invest US$500 million (PHP25.7 billion) in the country over the next three years. "YCO Cloud Centers is eyeing a total capital deployment of US$500 million over the next three years in multiple projects, beginning with their flagship data center project, YCO Manila Digital 1," Gonzales said. YCC is a partnershi