PGIM Real Estate raises $2B for final close of Global Data Center Fund
PGIM Real Estate has completed the fundraise for its first Global Data Center Fund (GDCF) with $2 billion of capital allocated to the strategy. PGIM Real Estate secured capital commitments for the GDCF from a range of global investors.
Centuria to acquire 50% in next gen data centre provider
Centuria Capital Group (ASX: Group or “Centuria” or “Group”), is set to acquire a 50% interest in a new-generation data server provider, Reset Data Pty Limited (ResetData), for a consideration of up to $21million.
Data centres: the next big commercial alternative asset class - RWC
Data centre investments in Australia surge with over $13.6 billion in new constructions, making it the seventh largest global hub says Vanessa Rader, RWC Head of Research.
