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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Philippines
Axiata Group is done with the transfer of the remaining towers from PLDT's subsidiaries to its Philippine subsidiary. Thus, the Malaysian company has finalized an agreement to acquire and lease back 2,710 sites. The company declared that the final transfer of the six sites under its agreement ...
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Vantage Data Centers
AustralianSuper has made an investment in Vantage Data Centers' EMEA operations. Last week, the company announced it would invest $1.6 billion to acquire a "significant minority stake" in Vantage Data Centers Europe, Middle East, and Africa (Vantage EMEA), backed by DigitalBridge. The pension ...
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Amazon AWS
The King George County Board of Supervisors authorized Amazon Web Service's (AWS) 19-building data center campus's 869-acre rezone from agriculture to industrial use. Birchwood Power Partners applied for rezoning for AWS. AWS has received this first approval, but Birchwood's attorney, Charlie ...
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ServerFarm Realty
Manulife Investment Management has concluded the acquisition of data center firm Serverfarm on behalf of Manulife Infrastructure Fund II. In May 2023, Manulife announced its intention to acquire a majority stake in Serverfarm. Avner Papouchado, the CEO of Serverfarm, and NantCapital LLC will r...
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Brazil / Brasil
V.tal, a Brazilian data center company, revealed plans for a new facility in Porto Alegre. The data center will accommodate 400 racks of servers in two data halls spanning 75,350 square feet. This year is anticipated to be the start of construction for an H2 2024 completion date. The company s...
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Meta
The University of Minnesota (UoM) Board of Regents has authorized the $39.7 million land sale to Meta. The 280-acre tract of land in UMore Park has been sold to Jimnist LLC, a subsidiary of Meta, for a data center.The land that comprises UMore Park is located in Rosemount and is bordered by Co...
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CyrusOne
CyrusOne is required to construct a new data center in Frankfurt, Germany. Last week, the company unveiled plans for its seventh data center facility in Frankfurt, designated FRA7 and situated on a 678,125-square-foot plot in the Frankfurt Westside business park. The development will include t...
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Republic of Ireland
Operations have begun at TikTok's long-planned data center in Ireland, it has announced. This is its first in Ireland. It is also working on opening two more data centers in Europe, a second in Ireland and another in Norway. This move is a bid to please regulators, and ease spying fears, as pa...
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Digital Realty Trust
Digital Realty has announced that it's expanding into the Italian market with a new Tier IV-quality data center, named ROM1. This announcement comes following the acquisition and pre-development planning of land in Rome. The facility will sit on a 22-hectare site, with construction set to comm...
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Brazil / Brasil
V.tal has shared that it is expanding its footprint in Porto Alegre, Brazil. Set to be the company’s first in the country’s south region and fifth overall, the development (dubbed V.OA) will see an investment of 250mn reais (US$50.7mn), as part of the company’s wider expansion plan in Brazil a...
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India / Bhārata
Nvidia has partnered with Reliance Industries and Tata Group, India's two largest firms by market cap. The two companies will construct internal and external AI supercomputers and cloud platforms using Nvidia hardware. With Reliance, Nvidia will construct AI infrastructure "over an order of ma...
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Altice Portugal (Portugal Telecom)
The French telecommunications company Altice is nearing an agreement to sell its French data centers to Morgan Stanley Infrastructure Partners. According to Los Echos, the two companies are in "advanced discussions," and a preliminary valuation agreement has been reached. The 92 data centers m...
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Maryland
The Frederick County Government office building in Maryland, which includes a data center, is still under construction. The Prospect Center on Himes Avenue in Frederick will be converted as part of this undertaking. The county paid $20 million for the building in 2021, and it will house multip...
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Digital Realty Trust
Digital Realty plans to extend its operations into Italy and has already purchased land in Rome, the country's capital. Following the purchase of land in Rome and the subsequent pre-development planning for it, the company announced its entry into the Italian market last week.The ROM1 data cen...
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México
US university subsidiary ServerDomes will build aluminum dome data centers along a new Mexican fiber route. ServerDomes, a 2017 geodesic design from Portland, has partnered with Mexican infrastructure provider Fermaca Infraestructura.Fermaca will have exclusive rights to create ServerDomes-de...
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Macquarie Data Centres
Macquarie has made an investment in a Belgian data center developer. Allen & Overy announced this week that it advised Macquarie Capital on its investment in KevlinX Holding B.V. Allen & Overy reported that KevlinX HoldCo is creating a data center in Brussels via its indirect subsidiar...
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1025Connect
Arm intends to price its initial public offering (IPO) between $47 and $51 per share, which could generate up to $4.9 billion for SoftBank. The IPO would value the semiconductor designer up to $52 billion, exceeding the $32 billion SoftBank paid for in 2016 but falling short of the $64 billion...
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Switzerland
The multinational food conglomerate Nestlé has sold a Swiss data center. This week, Baker McKenzie Switzerland revealed that it advised Nestlé Global Real Estate on the transfer of its data center and office property to Orllati Real Estate SA. The site at Rte de Buyère 4 in Bussigny, canton of...
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Vodafone
Principal Asset Management bought two data centers located in Dublin, Ireland, that are leased. Principal European Data Centre Fund I has made its fourth and fifth investments in Europe, this time in the capital of Ireland, according to IPE Real Assets and PropertyEU. The company has acquired ...
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Proximity Data Centres
nLighten, a European Edge data center company, has acquired the United Kingdom's Proximity Data Centres. The agreement's terms were not disclosed. nLighten, owned by I Squared Capital, plans to retain its data center operations in the country.Proximity, founded in 2020, administers ten regiona...
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