Pranav Hotkar
Seoul, South Korea - February 28, 2026 - Macquarie Asset Management has entered a strategic partnership with Gabia Inc. and its subsidiary KINX to develop a next-generation hyperscale data center platform in South Korea, targeting more than 100 megawatts of new capacity over the next four to six years.
The investment will be led by Macquarie Asia-Pacific Infrastructure Fund 4 (MAIF4), with an initial commitment of approximately KRW 600 billion (~USD 420 million). Under the agreement, Macquarie will oversee asset development and financing. At the same time, Gabia and KINX will manage data center design, construction coordination, operations and customer acquisition, leveraging their established enterprise and network ecosystem in the Korean market.
The first project under the platform will be a 40 MW data center in the Ansan area, located south of the Seoul metropolitan region. The facility is designed to support hyperscale cloud providers and artificial intelligence workloads, including high-density GPU deployments. The partners said the site is positioned to serve growing enterprise and AI demand concentrated in the capital region while providing scalable expansion potential.
“South Korea represents one of the most attractive digital infrastructure markets in Asia,” Macquarie Asset Management said in its announcement, citing increasing cloud adoption, data localization requirements and AI-driven compute growth as key demand drivers.
Gabia, a publicly listed cloud and IT services provider in South Korea, will contribute operational expertise and an established customer base. KINX, a neutral Internet exchange and connectivity specialist, will support network integration and multi-cloud connectivity, enabling low-latency access to domestic and international carriers and cloud platforms.
The partnership builds on Gabia’s existing data center footprint, including its recently completed Gwacheon facility designed to support GPU-intensive workloads. By combining capital from a global infrastructure investor with local operational capabilities, the joint platform aims to accelerate deployment timelines and attract hyperscale tenants seeking capacity in the Seoul region.
Macquarie has been active in digital infrastructure investments globally, including previous data center transactions across Asia-Pacific and North America. The South Korea initiative reflects a broader trend of institutional capital flowing into AI-ready data center assets amid surging demand for high-performance computing capacity.
The companies said additional sites beyond Ansan are under evaluation, with further announcements expected as the development program advances.
