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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...
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...
IPI Partners, LLC today announced it has agreed to acquire a majority stake in Safe Host SA (“Safe Host”), a Switzerland-based data center owner and operator, from the founders, management, and funds managed by StepStone Real Estate (“SRE”), the real estate arm of global private markets investment firm StepStone Group Inc. (...
Knight Frank has strengthened its market-leading international data centres offer with the promotion of Alex Burgoyne to Global Head of Data Centre Valuations, alongside the appointments of Jonathan Leung and Lizzie Quacquarelli.
Data centres developer and operator Kao Data has signed a £100m sale and leaseback of two prime data centres in West London. The 16MW data centre significantly expands Kao Data's platform, supporting immediate growth for hyperscale, cloud and enterprise organisations within west London and the M4 corridor.
BNP Paribas Real Estate (BNPPRE) has appointed Michael Umfreville to lead a new team focused on the leasing and land acquisitions of data centres across the UK.