US data center colocation market has doubled since 2020 - JLL
Vacancy runs low at 3% with AI boosting demand; Atlanta sees more absorption than Virginia
Vacancy runs low at 3% with AI boosting demand; Atlanta sees more absorption than Virginia
Deal expected to close next month
And rental rates still on the rise
Plus data center M&A deals forecasted to hit record levels
Likely to be occupied by Bank of America
Size of the investment not disclosed
Reports of transaction first surfaced last month
Top 20 markets account for 60 percent of global capacity
First announced plans to invest $50m last year
Company historically focused on residential projects
ResetData will occupy Centuria-managed Melbourne data center
Asking price is $6m
SPS looking for a new landlord
Brings company's French footprint to 13 data centers
Terms of the deal have not been disclosed
Attributes the loss to surge of sales in India the year before
Company currently valued at $2.2bn
Company to stay publically listed
Spans 46,300 sq ft across four stories
Will refinance existing facility for company's Malaysia unit
Madrid and Oslo attract investment, Dallas second in North America
Acquired company will continue to operate under own brand initially
Business will operate under the latter's brand
Zutacore also partners with NeevCloud for cooling in India