UK private real estate investor Castleforge has acquired the Redhill Data Centre Campus in Redhill, south of London. Tthe 7.8-acre campus totals more than 160,000 sq ft (14,865 sqm) across three buildings and offers 26MW in total. The site reportedly has a development value of £100 million ($124.9m).
Founded in 2010, Castleforge invests in real estate located in and around select UK and European cities. This is seemingly the company’s first data center investment. Castleforge partner Adam MacLeod said: “Data centers have been an attractive prospect that we have been monitoring for some time, but with advancements in AI and cloud computing accelerating demand, we have been eager to find the right opportunity in which to invest.”
Dave Misra, managing partner at Galaxy Data Centers, added: “Redhill, with its robust 26MVA capacity, is fully equipped to meet customers’ immediate needs. "Looking ahead, we are exploring a 10-15MW build-to-suit expansion to ensure we can deliver the scale, density, and power to meet Edge, hyperscale, and enterprise customer needs of tomorrow in this rapidly evolving digital landscape.”
