News

UK real estate firm British Land has exchanged contracts to sell a portfolio of data centers and offices in London for £125 million. This deal represented an initial net yield of 4.6 percent, delivering an internal return rate of 8.2 percent per annum since its acquisition in 2007.The company ...

Technology company Unisys Corp. revealed its plans to sell its 32-acre data center campus just outside Minneapolis, Minnesota, and relocate to an undetermined area in the Twin Cities. Shea Kolanowski, Unisys’ deputy chief administrative officer, told BizJournal, “We intend to relocate our asso...

Amazon Web Services plans to invest $3.5 billion in New Albany by 2020 to expand its footprint around Columbus, Ohio. The New Albany City Council announced it had approved a resolution enabling AWS to proceed with its expansion investment plan. This is only part of Amazon's $7.5 billion invest...

Some Italian companies have discussed building a data center company in a Dolomite mine. The University of Trento, construction company Covi Costruziono, IT services company Dedagroup, sustainable healthcare provider GPI, and holding company Istituto Atesino di Sviluppo (ISA), are looking to d...

Chuck Kuhn's real estate firm, JK Land Holdings, has expanded the proposed Gainesville data center via land acquisition in Virginia's Prince William County through its Wellington Road LLC affiliate. The company has also filed an application, which is currently under review, for up to 3.8 milli...

On September 25, 2023, Aligned Data Centers announced the acquisition of a new brownfield land in Perkins Township., Northeast Ohio. The firm purchased the 129-acre parcel to construct a new four-building hyperscale data center campus. Aligned said its NEO-01 data center, the first of the four...

59-year-old data center luminary Luiz André Barroso unexpectedly passed away on September 16, 2023.The DC legend joined Google in 2001 and was fundamental in remodeling the company's DC design, impacting the industry. Before his journey with Google, Barroso worked at Digital Equipment Corporat...

The Keppel DC REIT Management Pte. Ltd. Board of Directors announced that one of its DC campuses recently secured a S$120 million (US$87.7m) sustainability-linked Islamic credit facility. The company didn’t reveal details relating to the loan providers, intended loan uses, or sustainability ta...

CapitaLand Investment Limited (CLI) recently began working on its 40MW data center in Hyderabad, India. The company announced that it has started operations for the first phase of the newly redeveloped International Tech Park at the IT hub of Madhapur.CLI hosted a ceremony celebrating the camp...

Finnish vendor Nokia has revealed plans to launch an Open Innovation lab in Dubai, UAE, to drive its Cloud RAN in the Middle East and Africa region. In a release, the vendor explained that the initiative will increase the regional focus of its established collaborations with Dell Technologies ...

Princeton Digital Group (PDG) has opened its sixth data center campus in Indonesia with the launch of its 22MW hyperscale data center facility (JC2) in Citibung, Greater Jakarta. Built on the same center as the JCI, the new facility takes the Citibung campus up to 35MW.Varoon Raghavan, COO and...

Digital Transformation Capital Partners (DTCP) is now the majority owner of German DC firm Maincubes after acquiring additional stakes from Art-Invest Real Estate, a co-shareholder. Art-Invest, which used to hold about 75% of Maincubes stakes before DTCP’s initial investment, now retains only ...

Electrical and industrial power management software provider Eaton has launched a new data center management platform, the Brightlayer DC suite.Mike Jackson, the global director of product, data center, and distributed IT software at Eaton, explained that this suite functions as a portfolio of...

The Minnesota St. Louis Park City Council has approved a conditional use permit (CUP) for constructing a data center at 6400 Walker Street. Information from the district’s website reveals that the new center will be built southeast of the football field and next to an existing maintenance buil...

Czech telecoms firm České Radiokomunikace (CRA) recently announced it's undergoing construction of a new data center campus on its site at the Cukrák transmitter, located in Jílovište to the south of Prague. The telecoms firm noted that the campus will offer a capacity of up to 78 racks at 3kW...

A Google-affiliated company has acquired 143 acres in Moncks Corner industrial site, Berkeley Country, where the Silicon Valley tech giant has operated a data center since 2007. Arum Composites LLC purchased this parcel, comprising five parcels across Mount Holly Commerce Park Cypress Gardens ...

The Charlotte City Council has accepted PowerHouse's land rezoning request to develop its first data center campus outside Virginia. The council voted 7-2 in favor of the rezoning request for nearly 124 acres of land on September 18, 2023.The city staff initially hesitated as they were concern...

APAC logistics real estate firm GLP recently unveiled Ada Infrastructure, a new global data center business, and detailed its development pipeline across Europe, APAC, and South America. The DC campus launches with 850 megawatts of secured IT capacity across Japan, the UK, and Brazil, and repo...

Philippines-based telcommunity Dito secured a 15-year $3.9 billion loan to fund the rollout of its network expansion through its parent company, Dito CME Holdings, from a group of multinational banks. The company announced that about $1.5 billion will be diverted towards repaying another loan ...

Chirisa Investments has secured financing for constructing a data center in Chester, Virginia. According to Commercial Observer, Chirisa received $200 million in construction funding to build CoreWeave's 242,000-square-foot turnkey data center. CO's sources revealed that an undisclosed Brookfi...