Data Center

ASK4, today announced that GI Partners has signed a definite agreement to acquire the company from Bowmark Capital. ASK4 will be GI Partners’ first data infrastructure investment in Europe. The transaction is subject to regulatory approvals.

CyrusOne is building another data centre in the Rhine-Main region. The global data center developer and operator has announced plans for its seventh data center campus in Frankfurt, named FRA7, located on a 63,000 square meter plot at Frankfurt Westside. In Hanau, the company recently obtained planning permission for the FRA5...

It is anticipated that there will be 4GW of installed capacity in Europe’s top colocation data centre markets by the end of 2023, a 17% rise compared to the previous year, according to CBRE.

Principal Asset Management has acquired a Dutch logistics facility for data centre conversion on behalf of the Principal European Data Centre Fund I for €39m.

Azora announces that it has launched a new European multi-strategy vehicle having raised €270 million in equity commitments from a leading sovereign wealth fund, giving it a total investment capacity of up to €500 million.

GI Partners, a leading private alternatives investment firm, has announced the acquisition of a 65% interest in the ownership of two hyperscale data centers in Elk Grove Village, IL in partnership with Digital Realty Trust (NYSE: DLR). GI Partners is making the investment on behalf of its Essential Tech + Science Fund (GI Par...

AXA IM Alts has entered into an agreement for the disposal, on behalf of clients, of Data4, one of Europe’s largest data centre platforms, to Brookfield Infrastructure.

Barings has agreed a ten-year lease with Premo at Vanda 3 in Stockholm, a core-plus asset acquired in September 2022 on behalf of a pan-European strategy to acquire core real estate.

CBRE forecasts significant levels of take-up and supply to be brought to the European data centres market in the final quarter of 2022, following a subdued third quarter.

Catella Real Estate AG (CREAG) acquires the eight-storey underground car park Largo Corsia dei Servi with 332 parking spaces in the historic center of Milan. The long-term tenant is APCOA, one of the largest private providers of parking spaces in Europe.

Stoneshield Capital has signed a sales agreement for Xdata Properties, S.L.U. with the American company Iron Mountain (“IRM”), a data centre services company. The company owns a unique scaled data centre campus development project with unparalleled time to market in Madrid, Europe’s next data centre hot spot.

Compass Datacenters and Hines have marked their entry into the European data centre market: The JV plans to build one of the largest data center campuses in Italy.

Catena has signed an agreement to sell the property Vanda 1 in Kista, Stockholm, via a corporate transaction at an underlying property value of SEK 460 million before deduction of deferred taxes. The purchase price for the shares amounts to SEK 345 million.

The Iberian Peninsula is positioned as one of the strategic European markets for the Data Centres according to Colliers. According to the data collected in the Colliers report, Data Centres Snapshot, there are more than 700 MW under development in data centre projects in the three main locations of the Iberian Peninsula: Madr...

Internet giant Google is buying 50 acres of more land from the city of Hamina next to its current data centre for €4.3 million.

Infinity SDC has sold its Romford based data centre business to Azrieli Group Ltd. The share purchase agreement has been signed and it is understood that Azrieli Group Ltd will use the acquisition to expand their existing Norwegian based data centre business, Green Mountain.

Hyperco has acquired its first data centre from TS-Yhtymä, a Finnish family office, at a total transaction value over €35 million. The transaction is the first purchase for Hyperco, the new Finnish data centre investment and development company backed by Nordic institutional investors Varma and NREP.

Guest Article The global Internet industry has been growing at an exponential pace in the past few decades, driven by increasing numbers of applications and wide adoption in every aspect of work, play and life. The amount of data, too, has increased exponentially— particularly during the past 10 years. Numbers of global Internet users have...