Data Center News

Read CIM Group Lists a 24MW Purpose-built Data Center For Lease in San Francisco
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CIM Group Lists a 24MW Purpose-built Data Center For Lease in San Francisco

September 05, 2022 San Francisco Bay Area

JLL and CIM Group have listed a new purpose-built data center for lease. The data center is located at 400 Paul Avenue in San Francisco, California. The data center offers 24MW of power across 182,250 square feet of two-story powered shell building on 7.3 acres. Per additional information in the...

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Read Digital Realty Expanding in Dallas, Texas With $59m Data Center
Digital Realty Expanding in Dallas, Texas With $59m Data Center

Digital Realty Expanding in Dallas, Texas With $59m Data Center

August 23, 2022 Digital Realty Trust

Digital Realty has plans to develop a new facility in Dallas, Texas. The data center firm filed with the Texas Department of Licensing and Regulation to develop the data center in the Lewisville area of Dallas. The company coined the development ‘Project Gold’ and is looking to invest up to $59m...

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Read Digital Realty Announces Sale of Data Center For $205m
Digital Realty Announces Sale of Data Center For  $205m

Digital Realty Announces Sale of Data Center For $205m

August 15, 2022 Digital Realty Trust

Digital Realty has announced the sale of a “mature” data center. The move is to ensure that more capital is available for new projects. Notably, the company did not reveal which building it sold or who acquired the facility. According to a release from the company, it has disposed of the...

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Read Digital Realty Files To Develop its Fourth Data Center in Atlanta
Digital Realty Files To Develop its Fourth Data Center in Atlanta

Digital Realty Files To Develop its Fourth Data Center in Atlanta

June 16, 2022 Digital Realty Trust

Digital Realty is looking to develop its fourth facility in Atlanta, Georgia. The company applied with the city of Atlanta to develop the data center opposite its 56 Marietta Street data center. Digital Realty is looking to build a 10-story building data center with a total floor area of 300,000...

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Read Digital Realty Forms JV With Mvine For Data Center Development
Digital Realty Forms JV With Mvine For Data Center Development

Digital Realty Forms JV With Mvine For Data Center Development

June 15, 2022 Digital Realty Trust

Digital Realty has announced a joint venture with Mivne Real Estate to develop a data center campus in Tel Aviv, Israel. The plan is to develop a multi-tenant data center campus. Mivne is a real estate company with a lot of land across Israel. According to reports, the firm owns up to 1.9 million...

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Read Material and labor shortages in the data center
Material and labor shortages in the data center

Material and labor shortages in the data center

June 14, 2022 San Francisco Bay Area

As the need for data grows and grows, demand for data center construction is as strong as ever, however, the boom is being hampered by a number of factors, including supply and labor shortages, and price hikes. In a recent report named 'Data center market conditions update - Q1, 2022,'...

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Read Digital Realty signs 158MW solar PPAs
Digital Realty signs 158MW solar PPAs

Digital Realty signs 158MW solar PPAs

May 20, 2022 Digital Realty Trust

Digital Realty has announced that it has signed a Power Purchase Agreement (PPA) for solar energy in California and another Georgia, with Terra-Gen and Georgia Power, respectively. The former is for a 12-year agreement with Terra-Gen, which will support the development of the 130MW Edwards...

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Read Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India
Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India

Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India

February 21, 2022 Digital Realty Trust

According to India’s Economic Times. Digital Realty and Brookfield Asset Management’s joint venture in India has secured the purchase of 10 acres of land in Chennai. The companies acquired the land for over Rs 230 crore (~$30.8m). It is to be used for the development of a data center. One of the...

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Read Digital Realty acquires 55% of Teraco and enters South Africa
Digital Realty acquires 55% of Teraco and enters South Africa

Digital Realty acquires 55% of Teraco and enters South Africa

January 07, 2022 Digital Realty Trust

Digital Realty has bought the majority stake in Teraco. The data center giant announced the acquisition of the South African data center company from a consortium of investors, including Permira and Berkshire Partners. The deal sees Teraco valued at about $3.5 billion. The transaction sees...

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Read San Jose data center site to be transformed by big developer
San Jose data center site to be transformed by big developer

San Jose data center site to be transformed by big developer

December 17, 2021 Digital Realty Trust

Digital Realty has announced that it has sold its San Jose data center to developer Hines. Documents filed on December 15 with the Santa Clara County Recorder's Office outline that Hines paid just under $60 million ($59.6 million) for the complex. The building spans 179,800 sqft; meanwhile, the...

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Read Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center
Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center

Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center

November 30, 2021 Digital Realty Trust

Digital Realty is partnering with Coolest DC to develop high-efficiency thermal management solutions for the industry following a pilot program supported by Temasek Foundation. The initial pilot scheme sought to improve energy consumption by data centers and enhance efficiency and had deployed:...

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Read Digital Realty: Sustainability-linked refinancing
Digital Realty: Sustainability-linked refinancing

Digital Realty: Sustainability-linked refinancing

November 25, 2021 Digital Realty Trust

Digital Realty has announced that it has "amended, extended, and upsized" its existing global revolving credit facility from $2.35 billion to $3.0 billion, which now feature a sustainability-linked pricing component. Moreover, the pricing will be "subject to adjustment" based on performance...

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Read Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres
Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

October 27, 2021 Digital Realty Trust

Digital Realty has announced that it has formed a joint venture with Pembani Remgro Infrastructure Fund to acquire Medallion Data Centres. Medallion is Nigeria’s top interconnection and colocation provider. The company operates two data centers in the country. One of the facilities is in Abuja,...

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Read Digital Realty makes strategic investment in AtlasEdge
Digital Realty makes strategic investment in AtlasEdge

Digital Realty makes strategic investment in AtlasEdge

October 15, 2021 Digital Realty Trust

Digital Realty has reached an agreement to make a strategic investment in AtlasEdge Data Centres. The investment will also see Digital Realty’s Executive VP, Strategic & Business Segments, Giuliano Di Vitantonio, join AtlasEdge as CEO, starting January 2022. AtlasEdge delivers smooth,...

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Read Sustainable Finance: New way to address the environmental footprint of data centers
Sustainable Finance: New way to address the environmental footprint of data centers

Sustainable Finance: New way to address the environmental footprint of data centers

September 27, 2021 Digital Realty Trust

Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financers...

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Read Menlo Equities acquires four Digital Realty data centers in Silicon Valley
Menlo Equities acquires four Digital Realty data centers in Silicon Valley

Menlo Equities acquires four Digital Realty data centers in Silicon Valley

September 24, 2021 Digital Realty Trust

Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet of...

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Read Digital Realty files application for data centers in Clondalkin, Ireland
Digital Realty files application for data centers in Clondalkin, Ireland

Digital Realty files application for data centers in Clondalkin, Ireland

August 25, 2021 Digital Realty Trust

Digital Realty has filed for permission to build data centers in Clondalkin, Ireland. According to Digital Realty’s application, the Company wants 10-year permission to build two data center buildings called DUB15 and DUB16 close to its existing facilities in Clondalkin. These buildings will have...

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Read Digital Realty and Brookfield team up to develop data centers in India
Digital Realty and Brookfield team up to develop data centers in India

Digital Realty and Brookfield team up to develop data centers in India

July 16, 2021 Digital Realty Trust

Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty. Although precise details around the project are yet to be released, reports indicate...

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Read Digital Realty is meeting green targets according to third annual ESG report
Digital Realty is meeting green targets according to third annual ESG report

Digital Realty is meeting green targets according to third annual ESG report

July 16, 2021 Digital Realty Trust

According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. Its...

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Read 50% of Digital Realty's global data center portfolio is now powered by green energy
50% of Digital Realty's global data center portfolio is now powered by green energy

50% of Digital Realty's global data center portfolio is now powered by green energy

June 17, 2021 Digital Realty Trust

Digital Realty has announced in its third ESG report that half of its global data center portfolio is now powered by green energy. It did this by increasing the portfolio of its data centers being powered by renewable energy by 20% in 2020. Impressively, it also increased its energy consumption...

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